A Firm Needs to Destroy Paper Payroll Records After the End

question 60

Multiple Choice

A firm needs to destroy paper payroll records after the end of the retention period. Which of the following is an option for destruction purposes? (Select all that apply.)

• A) Shredding
• B) Discarding
• C) Pulping
• D) Burning

---

Definitions:

Accounts Receivable

Unpaid customer balances for goods provided or services rendered by a business.

Sales Revenue

Funds received by a company for products sold or services delivered.

Purchases Journal

A financial record keeping a chronological list of all purchases made by a business, especially on credit.

General Ledger

A comprehensive record of all financial transactions that occur within a company, used to compile financial statements.