Business Recordkeeping Practices

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One way that a business protects its vital records is by

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storing them in a safe environment.

Front

The primary purpose of recordkeeping is to provide information about what is happening with the

Options: business, country.
, economy.
,

1. industry.

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business

Front

Businesses should organize their records in a systematic manner so that information can be

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accessed when needed.

Front

One of the reasons that businesses destroy some of their records is because the records are

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no longer needed.

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The quality of the business record was compromised because it was

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inaccurate

Front

The FPD Company keeps copies of its brochures, catalogs, and flyers on file for future reference. This is an example of a company that is maintaining __________ records.

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archival promotional

Front

What is the best way for David to protect his small company’s business records from natural disasters such as fires and floods? Options: Purchase insurance from a reputable source, Delegate an employee to ensure that the records are continually updated, Store copies of the records in another facility or site, Keep the records in unlocked file cabinets in the facility’s warehouse

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Store copies of the records in another facility or site

Front

Alana works in human resources. She is responsible for maintaining information about each company employee’s hiring, evaluations, promotions, and reprimands. Alana is responsible for maintaining the company’s __________ records.

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personnel

Front

Which of the following is a disadvantage of keeping digital records:

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They can become inaccessible due to obsolete technology.

Front

Records that help businesses keep track of their furniture, equipment, land, and buildings are __________ records.

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asset