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    Records Management

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    Riza Estolonio
    This document contains the responses to an assessment on records management. It defines a record as information created, received, and preserved as proof or evidence according to ISO standards. Records management is important as it improves efficiency by retaining useful records and disposing of unnecessary ones. Some non-financial records cooperatives maintain include member application forms, plans, working papers, research and other forms. In personal life, the author organizes documents by planning security, keeping files in a central location, and making lists to classify and keep files up to date.

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    Records Management

    Uploaded by

    Riza Estolonio
    81 views3 pages
    This document contains the responses to an assessment on records management. It defines a record as information created, received, and preserved as proof or evidence according to ISO standards. Records management is important as it improves efficiency by retaining useful records and disposing of unnecessary ones. Some non-financial records cooperatives maintain include member application forms, plans, working papers, research and other forms. In personal life, the author organizes documents by planning security, keeping files in a central location, and making lists to classify and keep files up to date.

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    This document contains the responses to an assessment on records management. It defines a record as information created, received, and preserved as proof or evidence according to ISO standards. Records management is important as it improves efficiency by retaining useful records and disposing of unnecessary ones. Some non-financial records cooperatives maintain include member application forms, plans, working papers, research and other forms. In personal life, the author organizes documents by planning security, keeping files in a central location, and making lists to classify and keep files up to date.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    81 views3 pages

    Records Management

    Uploaded by

    Riza Estolonio
    This document contains the responses to an assessment on records management. It defines a record as information created, received, and preserved as proof or evidence according to ISO standards. Records management is important as it improves efficiency by retaining useful records and disposing of unnecessary ones. Some non-financial records cooperatives maintain include member application forms, plans, working papers, research and other forms. In personal life, the author organizes documents by planning security, keeping files in a central location, and making lists to classify and keep files up to date.

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    © All Rights Reserved
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    Risk Management for Cooperatives

    Formative Assessment #1
    Introduction to Records Management

    Name: ESTOLONIO, Riza C. May 21, 2022

    BSC CSEM 4-1 PROF. Patrick John Rico

    1. Define “record”.

     Records are information that has been recorded. Records are defined by the
    International Standards Organization (ISO) as information created, received, and
    preserved as proof and information by an organization or person in order to
    comply with legal requirements or do business.

    2. What is the importance of “records management”?

     The administrative role in any organization associated with the development,


    organization, maintenance, usage, retrieval, and disposition of records is known as
    record management. Records management improves economy and efficiency
    within an organization by ensuring that useful records are retained and made
    available, while unnecessary records are disposed of in a timely manner.

    Every office has storage space issues and must make decisions about which data
    to keep and which to trash. The goal of records management is to ensure
    efficiency and economy in the creation, use, maintenance, and disposal of records.
    3. What are the non-financial records that a cooperative maintains?

     Non-Financial Records (other than formulae) and such operating statistics and
    other information about the Business and the Corporate Group's assets as the
    Purchaser may reasonably seek from time to time.

    Some of the non-financial records of cooperatives are:


     Members form for application
     Plans for future events
     Working paper/files that contain unique information
     Other forms
     Research and Development
     Audiovisual records, including posters, dealing with office functions and
    activities

    4. In your personal life, how do you manage your documents or files? Share your best
    practices in personal records management.

     In my personal life, I organize my documents and files by first planning the


    security or safety of my data. The area where the files will be housed must be in a
    central location so that documents can be easily accessed. Second, I make a list of
    files that need to be kept up to date. Finally, I classify each file and ensure that it
    is properly organized.
    REFERENCES

    Balachandran, D. V. (2009). Office Management (INTERNATIONAL EDITION). Tata


    McGraw-Hill Education Private Limited 7 West Patel Nagar, New Delhi 110 08.

    Non-financial records definition. Law Insider. (n.d.). Retrieved May 21, 2022, from
    https://www.lawinsider.com/dictionary/non-financial-records

    What is a record? Jisc. (n.d.). Retrieved May 21, 2022, from


    https://www.jisc.ac.uk/guides/records-management/what-is-a-record

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