Records management is

a. the systematic control of all records from their creation/receipt through their processing, distribution, organization, storage, and retrieval, to their ultimate disposition.
b. the process of using an organization’s resources to achieve specific goals through the functions of planning, organizing, leading, and controlling.
c. a group of interrelated resources acting together to achieve specific goals.
d. a relatively new function within businesses.


Answer: a. the systematic control of all records from their creation/receipt through their processing, distribution, organization, storage, and retrieval, to their ultimate disposition.

Business

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The purpose of the purchase order is to

a. order goods from vendors b. record receipt of goods from vendors c. authorize the purchasing department to order goods d. approve payment for goods received

Business

A line on a scatter diagram that is intended to reflect the past relation between cost and unit volume is the:

A. Estimated line of cost behavior. B. Margin of safety line. C. Standard cost line. D. Break-even line. E. Contribution margin line.

Business

Carter is the Web designer for an open source project. He has created a program that facilitates the easy collation of data for a large-scale logistics firm. Which of the following is TRUE of the source code for Carter's program?

A. It is available to the public. B. It is highly protected and obtained only by having a license. C. It is available only to carefully vetted contractors. D. It is less stable and platform dependent. E. It cannot be compiled.

Business

On occasion, disgruntled former and current employees use various means to level criticism against, or create embarrassment, with regard to their former or current employer. Employers in turn will file law suits to stop the employee's communications. What effect do these employer lawsuits have?

Business