Which of the following information would be transferred from the current file to the permanent file?
A) Current year financial statement.
B) List of new corporate officers.
C) Changes to accounting policies.
D) Both b and c

Question

Quizplus · Accepted Answer

The list of new corporate officers and changes to accounting policies are both important pieces of information that should be transferred from the current file to the permanent file to maintain an accurate and up-to-date record of the organization's history and operations. The current year financial statement may also be included, but it is less critical than the other two pieces of information listed.

Which of the Following Information Would Be Transferred from the Current