A Purpose of the Preservation Letter Is to

question 116

Multiple Choice

A purpose of the preservation letter is to

• A) prevent the loss of e-information.
• B) facilitate the return of privileged information.
• C) aid the court in determining what is discoverable.
• D) preserve the use of interrogatories in e-discovery.

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Definitions:

Accounts Debited

Accounts that are increased with a debit entry, typically including assets and expenses.

Trial Balance Totals

The aggregate amounts of all debit and credit balances in a company's ledger accounts at a specific point in time, used to ensure that debits equal credits.

Cash Withdrawal

The process of taking out cash from a bank account or the act of receiving cash from any fund, essentially reducing the balance.

T Accounts

A visual representation used in accounting to depict debits and credits for individual accounts, resembling the letter "T".