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Time Management for KYC Analysts

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Questions and Answers

What is the purpose of the Naming Convention sheet mentioned in the text?

To help organize client folders

To determine how much time to spend on each task

To show which naming conventions are required to store a document (correct)

To create a realistic schedule using time blocks

What is the recommended approach for dealing with new tasks that are added to your workload?

Prioritize the new tasks and delegate the less important ones

Attempt to complete the new tasks as quickly as possible, even if it means sacrificing quality

Immediately accept the new tasks without considering your current workload

Discuss the new tasks with your supervisor and explore possible solutions (correct)

What is the primary benefit of the Eisenhower model discussed in the text?

It ensures that all tasks are completed within the given deadlines

It allows you to delegate all urgent but unimportant tasks

It provides a clear framework for organizing your work environment

It helps you effectively prioritize and manage time (correct)

What is the recommended approach for handling 'important but not urgent' tasks?

Spend time planning and executing them to improve your work in the long run Signup and view all the answers

What is the purpose of pausing and taking a 'helicopter view' of your work, as mentioned in the text?

To determine if there is a more efficient way to approach your work Signup and view all the answers

What is the recommended approach for keeping track of the files and tasks you are working on?

Use a digital tool like Microsoft Excel or Microsoft OneNote Signup and view all the answers

What is the recommended approach for handling 'urgent but not important' tasks, according to the Eisenhower model?

Delegate them to a colleague or postpone them to a later time Signup and view all the answers

What is the primary purpose of this course on time management?

To discuss the challenges experienced by Know Your Customer analysts in managing multiple customer files and tasks Signup and view all the answers

Which of the following is a key characteristic of the Know Your Customer field?

Analysts often have to deal with tight deadlines and complex files Signup and view all the answers

What is the primary benefit of effective time management for Know Your Customer analysts, according to the text?

It allows analysts to prioritize tasks and better manage their work, helping them stress less Signup and view all the answers