Business Recordkeeping Practices
Flashcard
•
Business
•
11th Grade
•
Practice Problem
•
Hard
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10 questions
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1.
FLASHCARD QUESTION
Front
One way that a business protects its vital records is by
Back
storing them in a safe environment.
2.
FLASHCARD QUESTION
Front
The primary purpose of recordkeeping is to provide information about what is happening with the
Options: business, country.
, economy.
,
- industry.
Back
business
3.
FLASHCARD QUESTION
Front
Businesses should organize their records in a systematic manner so that information can be
Back
accessed when needed.
4.
FLASHCARD QUESTION
Front
One of the reasons that businesses destroy some of their records is because the records are
Back
no longer needed.
5.
FLASHCARD QUESTION
Front
The quality of the business record was compromised because it was
Back
inaccurate
6.
FLASHCARD QUESTION
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.
Back
archival promotional
7.
FLASHCARD QUESTION
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
Back
Store copies of the records in another facility or site
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