Record Keeping. Why is it important to keep financial records stored in a safe location? List some important documents that you should keep in a safe place.

Keeping your financial records stored in a single safe location will: $($Select the best answer below.$)$

A$.$ cause you to lose your records in the event of a fire or other peril that destroys your home. However, tax preparation will be much easier if all records are kept in a single location.

B$.$ help you know where to look for your records in the event of a fire or other peril that destroys your home. In addition, tax preparation will be much easier if all records are kept in a single

location.

C$.$ keep you from having to recreate your records in the event of a fire or other peril that destroys your home. In addition, tax preparation will be much easier if all records are kept in a single

location.

D$.$ keep you from having to recreate your records in the event of a fire or other peril that destroys your home. However, tax preparation will be much more difficult if all records are kept in a

single location.

Important documents that you should keep in a safe place includes: $($Select all that apply.$)$

A$.$ insurance policies

B$.$ bank account information

C$.$ high school diploma

D$.$ your will

E$.$ receipts for last year's Christmas gifts

F$.$ investment records

G$.$ mortgage documents

H$.$ a home inventory

I. retirement plans

J$.$ emergency contact information

Record Keeping. Why is it important to keep financial records stored in a safe location? List some important documents that you should keep in a safe place.

Keeping your financial records stored in a single safe location will: $($Select the best answer below.$)$

A$.$ cause you to lose your records in the event of a fire or other peril that destroys your home. However, tax preparation will be much easier if all records are kept in a single location.

B$.$ help you know where to look for your records in the event of a fire or other peril that destroys your home. In addition, tax preparation will be much easier if all records are kept in a single

location.

C$.$ keep you from having to recreate your records in the event of a fire or other peril that destroys your home. In addition, tax preparation will be much easier if all records are kept in a single

location.

D$.$ keep you from having to recreate your records in the event of a fire or other peril that destroys your home. However, tax preparation will be much more difficult if all records are kept in a

single location.

Important documents that you should keep in a safe place includes: $($Select all that apply.$)$

A$.$ insurance policies

B$.$ bank account information

C$.$ high school diploma

D$.$ your will

E$.$ receipts for last year's Christmas gifts

F$.$ investment records

G$.$ mortgage documents

H$.$ a home inventory

I. retirement plans

J$.$ emergency contact information