Specific Guidelines for Maintaining an Organized Filing System Include

question 21

Multiple Choice

Specific guidelines for maintaining an organized filing system include:

• A)numeric filing with color-coding, because it is the simplest and most efficient system for most practices.
• B)using approximately one file guide for every 50 to 100 folders.
• C)leaving at least 12 inches on each shelf or in each drawer for working space within each file.
• D)placing an outguide to mark a folder's place when it is removed from the file.

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Definitions:

Internal Rate of Return

A metric used in financial analysis to estimate the profitability of potential investments, calculated as the rate of return that makes the net present value of all cash flows from a particular project equal to zero.

Compound Interest

A way of calculating interest whereby the charge is based on the initial principal amount as well as on the interest that has accumulated in prior periods of a loan or deposit.

Cash Inflow

Money received by a business, typically from operational, investing, and financing activities.

Net Present Value

The difference between the present value of cash inflows and outflows over a period of time, used to assess the profitability of an investment.