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Unit 7: Maintain Business Records

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Unit 7: Maintain Business Records
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10 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Record keeping is one of the most important task for small and big business owner. No business or government entity can survive without making records of its activities.

True

False

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

___________ establishing control over the creation of record-keeping will create easy system to keep tracking of any documents.

System control

Records continuum theory

Mandate and ownership of business process

Environmental context

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The reason for keeping saving records:

Detail tracking and planning

Legal compliance

Tax preparation (federal, state, and local)

All of the above

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

___________ represents the locus of all action. It is in this area that the business of action (all action) happens, including representations of actions in documents

System control

Records continuum theory

Mandate and ownership of business process

Environmental context

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

This is related to the confidential files and the process of saving it

System control

Records continuum theory

Mandate and ownership of business process

Environmental context

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

__________ records and documentation has to be in a safe environment.

System control.

Records continuum theory.

Mandate and ownership of business process.

Environmental context.

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Evidence of actions and transactions, support accountability which is tightly connected to evidence but which allows accountability to be treated, are related to processes, i.e. “information that is generated by and linked to work processes” [Thomassen, 2001, p 374]; and must be preserved, some for very short time and some permanently, all of the previous points are:

Records characteristics.

Records policies.

Records procedures.

Records laws.

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