Exam 1: Records and Information Management

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As a business customer, every time you buy a product or service, you are creating a record of that transaction.

(True/False)
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The International Organization for Standardization (ISO)15489 defines a record as information created, received, and maintained as evidence and information by an organization or person in pursuance of

(Multiple Choice)
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Procedure manuals and handbooks have historical value to the organization. ​

(True/False)
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Records classified by their value to the organization fall into one of these four categories: ​

(Multiple Choice)
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Match each item with the correct statement listed next.
Premises:
A shared, online journal
Responses:
blog
record
nonessential documents
Correct Answer:
Verified
Premises:
Responses:
A shared, online journal
blog
(Matching)
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Students interested in understanding the paperwork connected with an organization's day-to-day operations would concentrate their records studies on

(Multiple Choice)
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Match each item with the correct statement listed next.
Premises:
A record that is helpful in conducting business operations and that may, if destroyed, be replaced at slight cost
Responses:
internal record
archives
document imaging
Correct Answer:
Verified
Premises:
Responses:
A record that is helpful in conducting business operations and that may, if destroyed, be replaced at slight cost
internal record
(Matching)
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Match each item with the correct statement listed next.
Premises:
A short message posted on the Twitter social network website
Responses:
document imaging
cloud
podcast
Correct Answer:
Verified
Premises:
Responses:
A short message posted on the Twitter social network website
document imaging
(Matching)
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Match each item with the correct statement listed next.
Premises:
Records used to assist in performing a firm's business operations and, if destroyed, are replaceable only at great cost.
Responses:
archives
tweet
blog
Correct Answer:
Verified
Premises:
Responses:
Records used to assist in performing a firm's business operations and, if destroyed, are replaceable only at great cost.
archives
(Matching)
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An automated system for scanning, storing, retrieving, and managing images of physical records is ​

(Multiple Choice)
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Match each item with the correct statement listed next.
Premises:
Records that must be kept permanently because they are needed for continuing the operations of a firm and are usually not replaceable
Responses:
record and information life cycle
vital records
archives
Correct Answer:
Verified
Premises:
Responses:
Records that must be kept permanently because they are needed for continuing the operations of a firm and are usually not replaceable
record and information life cycle
(Matching)
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Filing, storing, retrieval, and protection of records are part of the maintenance phase of the records and information life cycle. ​

(True/False)
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Financial records should be classified as important records rather than as useful records. ​

(True/False)
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Reference documents contain information used in the organization's day-to-day operations.

(True/False)
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Match each item with the correct statement listed next.
Premises:
A record used in a firm's day-to-day operations
Responses:
internal record
electronic record
useful records
Correct Answer:
Verified
Premises:
Responses:
A record used in a firm's day-to-day operations
internal record
(Matching)
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Identify the types of transaction records needed to meet regulatory and compliance requirements when financing the purchase of a new automobile. ​

(Essay)
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Match each item with the correct statement listed next.
Premises:
Records that have no predictable value after their initial use
Responses:
reference document
ISO 15489
internal record
Correct Answer:
Verified
Premises:
Responses:
Records that have no predictable value after their initial use
reference document
(Matching)
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Records that document the organization's operations and major shifts of direction over the years are considered to be of what value and type?

(Multiple Choice)
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The five phases of the records and information life cycle are

(Multiple Choice)
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Match each item with the correct statement listed next.
Premises:
The life span of a record that follows a set of phases from creation to final disposition
Responses:
external record
electronic mail (e-mail)
podcast
Correct Answer:
Verified
Premises:
Responses:
The life span of a record that follows a set of phases from creation to final disposition
external record
(Matching)
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