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These documents include paid invoices, credit card receipts, receipts for cash transactions, bank statements, checks, and more. As with accounting records, we advise that they're stored in a registered office or other approved location
Records management, also known as records and information management, is an organizational ... Many are kept as evidence of activities, transactions, and decisions.
Why are records kept?
Their purpose is to provide reliable evidence of, and information about, 'who, what, when, and why' something happened.
Records must be stored in such a way that they are accessible and safeguarded against environmental damage. A typical paper document may be stored in a filing cabinet in an office. However, some organisations employ file rooms with specialized environmental controls including temperature and humidity.
Learn more about records here:
https://brainly.com/question/4306593
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