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Letters of Inquiry regarding Financial Status and Collection Letters — SPCC STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceSPCCLetters of Inquiry regarding Financial Status and Collection Letters1 Mark
MCQ
What is the main objective behind collecting financial status?
  • A
    To decide the size of the business.
  • B
    To develop social relations
  • C
    To get loan
  • ✓
    To avoid financial loss.
✓

Answer

Correct option: D.
To avoid financial loss.

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