Training Records Retention Policy
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Questions and Answers

What is the required retention period for training and competence records of individuals who left the firm?

  • 5 years (correct)
  • 10 years
  • 3 years
  • 7 years
  • If an individual left the firm three years ago, when will their training and competence records no longer be required to be retained?

  • In 2 years
  • Next year
  • In 7 years
  • In 5 years (correct)
  • Which of the following periods is NOT a valid option for retaining training and competence records according to the specified guidelines?

  • 3 years
  • 5 years
  • 10 years
  • 8 years (correct)
  • In which of the following scenarios would the training and competence records be retained for the longest duration?

    <p>An individual left the firm 6 years ago</p> Signup and view all the answers

    What would be the consequence of not retaining training and competence records for the required period?

    <p>Legal penalties may apply</p> Signup and view all the answers

    Study Notes

    Training and Competence Records

    • Training and competence records for individuals must be retained for a specified period after they leave the company.
    • The retention period is 3 years.

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    Description

    This quiz covers the policies regarding the retention of training and competence records for individuals after their departure from the company. It highlights the significance of maintaining these records for a specified period, which is set at 3 years. Test your knowledge on the importance and guidelines surrounding these retention practices.

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