Question

If you are required to show proof of financial responsibility for the future, for how many years must the proof be kept? 1 year 4 years 3 years 2 years

Answer 1

Answer:

For 2 years

Explanation:

Financial responsibility is the procedure or the process which is defined as managing the money and also the other similar assets, in a method which is considered as productive and in the best interest of family, business or individual.

So, in order to show the proof of the financial responsibility in the near future, business or individual needs to show the proof for the 2 years because to make the proof comparable with the previous year.