Which of the Following Is the Best Rule to Follow

question 77

Multiple Choice

Which of the following is the best rule to follow in shredding information?

• A) If you have any question, shred it.
• B) Shred anything with your name and address on it received through the mail.
• C) Shred only items received from your bank or brokerage firm.
• D) Shred any item received that is first class mail.

---

Definitions:

Fees Earned

Revenue recognized by a company for services provided to clients, recorded as earned income on the income statement.

Account Group

A categorization of accounts in financial reporting, often organized by similarity or function within the general ledger.

Revenue

The total income generated by a company from its business activities, such as sales of goods or services, before any expenses are deducted.

Trial Balance

A financial statement that lists the balances of all ledgers accounts to ensure that debits equal credits.