A Home File Should Be Used For

question 72

Multiple Choice

A home file should be used for:

• A)storing all financial documents and records.
• B)obsolete financial documents.
• C)documents that requiremaximum security.
• D)financial recordsfor current needs.
• E)records that are difficult to replace.

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Definitions:

Brainstorming

A collaborative idea-generation process where participants freely share creative solutions without immediate judgment or evaluation.

Judging

Forming an opinion or conclusion about someone or something based on criteria or evidence.

Revision Time

A designated period for reviewing and making corrections or changes to a document or project.

Planning Phase

the initial stage in a project or process where goals are defined, strategies are developed, and procedures are established.