Question: Explain son father grandfather file retention.

Explain son– father– grandfather file retention.

Step by Step Solution

★★★★★

3.27 Rating (165 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The old master file that is used as input to a file update is the fa... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

412-B-A-I-S (6772).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!

Q:

Which of the following types of income are included in qualified business income (QBI)? a. Guaranteed payments made in compensation for services performed by a partner to a partnership. b. Wages paid...

Q:

Father and son are co-owners of a manufacturing company, with the father having transferred some of his stock to his son in previous years. There is no debt in excess of stock basis. The father...

Q:

A father wanted to show his son what it might be like to borrow money from a financial institution. When his son asked if he could borrow $120, the father lent him the money and set up the following...

Q:

1. If a control total were to be computed on each of the following data items, which would best be identified as a hash total for a payroll EDP application? a. Net pay b. Department numbers c. Hours...

Q:

Compare and contrast by means of a Venn diagram the personality disorder with the psychosomatic disorder, additionally explain the difference between normal behavior and abnormal behavior based on...

Q:

SOL is most directly related to the "grandfather, father, son" method of record retention. relational databases. electronic commerce. string question language processing

Q:

(1) SIMMONS v. JAGGERS Supreme Court of Mississippi. Eddie SIMMONS and Christi Simmons v. Marvin JAGGERS. No.2004-CA-01674-SCT.Decided: October 27, 2005Before COBB, P.J., CARLSON and DICKINSON, JJ....

Q:

Exercise 35- Pick the best answer Bloomsdale wants to determine if the company from whom she buys seafood is buying only sustainable seafood. Bloomsdale may be able to use ____________ to find this...

Q:

SQL is most directly related to the "grandfather, father, son" method of record retention. relational databases. electronic commerce. string question language processing.

Q:

( LO 2 ) CPA SQL is most directly related to a . string question language processing. b . the "grandfather, father, son" method of record retention. c . electronic commerce. d . relational databases.

Q:

After the year-end, one of the company's factories and part of the administration building was destroyed by fire. The company's warehouse is not affected. Inventories records were destroyed too. The...

Q:

The IRS has the authority to adjust upward or downward the gross.Income and deductions between or among certain organizations to prevent the evasion of taxes or to clearly.Reflect the income of two...

Q:

28. The average score for male golfers is 95 and the average score for female golfers is 106 (Golf Digest, April 2006). Use these values as the population means for men and women and assume that the...

Q:

. Which type of planning involves determining how specific tasks can best be accomplished on time with available resources? A. Budgetary B. Operational C. Strategic D. Intermediate E. Contingency

Q:

What is the function of the systems steering committee?

Q:

Which individuals should be involved in systems planning?

Q:

Is the systems analysis phase of systems development more expensive than the systems design phase?

Q:

Case Study For this assignment, following APA style, answer as comprehensively as possible the questions after each case summary. Please read the closing case BETHESDA MINING at the end of chapter 8...

Q:

Pronghorn Corporation's adjusted trial balance contained the following asset accounts at December 31, 2020: Cash $3,300; Treasury Bills (with original maturity of three months: $5,100; Land $46,500;...

Q:

Financial Management 2019 MAY.[14] A proforma cost sheet of a company provides the following particulars : C Elements of Cost Materials 40% Direct Labour 20% Overheads 20% The following further...