A Benefit of Using a Records Retention Schedule Is That

question 11

Multiple Choice

A benefit of using a records retention schedule is that

• A) vital records will not be disposed of prematurely.
• B) valuable historical records will be preserved.
• C) records that are no longer needed can be disposed of systematically.
• D) All of the above

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Definitions:

Commercial Banks

Financial institutions that offer a wide range of services like accepting deposits, providing business loans, and offering basic investment products.

Pension Fund Managers

Pension fund managers are professionals responsible for managing investment strategies for pension funds to ensure there are sufficient assets to pay out retirees' pensions.