Mastering Records Management

• Records maintained by an organization should be classified into four categories for retention and protection purposes: vital, important, useful, and non-essential records.
• Physical records (paper documents) and electronic records are both used in offices, with the latter becoming more prevalent.
• Records serve as a company's memory and are used for administrative, legal, or historical purposes.
• Administrative records include policy manuals and handbooks, while legal records include contracts and deeds.
• Fiscal records document the agency's financial transactions and obligations.
• Legal records serve as proof of business transactions, such as contracts and deeds to property.
• Historical records document the organization's operations and major strategic shifts over time, such as meeting minutes and corporate charters.

Test your knowledge on the important topic of record classification and management! This quiz will cover the different categories of records, including vital, important, useful, and non-essential, as well as the common types of records found in offices such as administrative, legal, and fiscal records. You'll also learn why records are crucial for an organization's memory and how they are used for various purposes. Put your knowledge to the test and see how much you know about effective record management!