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2 years ago

Data classification for retention of information is typically ______ for financial and tax records?

Business

1 answer:

natali 33 [55]2 years ago

3 0

Data classification for retention of information is typically for 7 years of financial and tax records.

Accounting records are the documents and books involved in the preparation of financial statements of any organization.

Similarly tax records means the transcripts of all the tax returns previously submitted taxes.

Every organization is required to preserve the data records for at least 7 years not less than this.

This also includes the documents related to audit too.

To know more about tax records here;

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Answer: C. An actor who comes from a respected talent agency.

Explanation:

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Look at it this way, would you take investment advice from an investment banker or from an entrepreneur? Both could present very strong cases but the Investment Banker has expertise in the subject and is more likely to be picked.

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3 years ago

A check list should be based on past____?

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4 years ago

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Interest amounting to $4 was credited to your account by the bank in September. The bank's service charge for the month was $5.

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Answer:

Bank Reconciliation Statement as at October 2:

Balance as per checkbook $601

Add: Electronic transfer $2,400

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A bank reconciliation statement is a statement prepared periodically to reconcile the balance in the cash book with the balance shown on a bank statement.

The process starts with identifying transactions that do not (do) appear in the cash book and those that do not (do) appear in the bank statement, which did not appear in the other. Errors are also identified and corrected during the process. After this, the reconciliation statement is prepared to agree the two sources of balances.

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3 years ago

In response to the new employee end of shift policy Brianna proposes that Ollie pay its employees on their breaks instead of mak

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Answer:

B. personal appeals

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3 years ago

Golden Eagle Company prepares monthly financial statements for its bank. The November 30 adjusted trial balance includes the fol

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Answer:

Given Below

Explanation:

Golden Eagle Company

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Adjusting Entries December 31st 

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Salaries for December owed for December are $14,000.

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Defered Revenue earned at the end of December.

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