The correct option is D. Taxation is an external factor that businesses consider when assessing external data.
Because compliance is a crucial component of your organization's responsibilities to the community it belongs to while fostering trust, it is crucial in business.
How is external data collected?
Data gathered from sources outside of your organization is referred to as external data. The information might come from publicly accessible sources including the census, voting figures, tax records, and internet searches. private information was obtained from third parties including.
Every company is required to submit tax returns and pay federal and state income taxes. Although each organization has its own specifications, disobeying the law cannot be justified by not knowing about it. A corporation must invest resources in federal tax compliance because it is not only necessary but also expensive.
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