List Three Electronic Business Records That Must Be Retained and Preserved

question 38

Essay

List three electronic business records that must be retained and preserved in case they should later become evidence in a legal case.

Appreciate the evolving role of checks within the modern financial system and the impact of electronic transactions.

Acquire knowledge about depositary, collecting, and intermediary banks and their significance in the check processing cycle.

Understand the practical aspects of banking operations, including depositary procedures, holds on funds, and bank policies regarding checks.

Understand key terms and concepts related to Latino/a culture.

---

Definitions:

Author

The creator or originator of a piece of work, such as a book, article, or software.

Rename Field

The action or process of changing the name of a database field or form element to better reflect its content or function.

Column Heading

The title or label for a column in a table or spreadsheet, describing the data it contains.

Long Text

A text field type in databases or forms that allows for the input and storage of lengthy text entries, accommodating more detailed information than standard text fields.