Using Son-Father-Grandfather Retention,if the Old Master File Is the ________,The

question 4

Short Answer

Using son-father-grandfather retention,if the old master file is the ________,the backup master file must be the ________.

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Definitions:

Document

A written, drawn, presented, or memorialized representation of thought, often serving as legal evidence.

Treasury Stock

Shares of a company's own stock that it has reacquired from shareholders but not retired, often held to reissue for acquisitions or to resell to the public.

Common Stock

A type of security that signifies ownership in a corporation and represents a claim on part of the corporation's profits and assets.

Company

An organization engaged in commercial, industrial, or professional activities, either for profit or not-for-profit.