Vocabulary 3 Flashcards
The practice of saving bookmarks to a public website so they are organized and easy to access
Social Bookmarking
Systematic control of records from creation or receipt to final disposition
Records Management
Information that is evidence of an event, activity, or business transaction created or received by an organization and stored on any medium
Record
A copy of electronic files or folders made as a precaution against loss or damage of the original data
Backup
A record that has historical value to an organization and should be preserved permanently
Archived Record (In File Management)
A file folder with metal extensions that allow it to hang on file-drawer frames
Suspension Folder
The process of scanning paper documents and converting them to digital images
Document Imaging
A collection of records, each with a certain amount of information. Used for storing information
Database
The process of converting computer data directly to microfilm without first printing the records
Computer Output to Microfilm (COM)
A record necessary to the orderly continuation of a business and replaceable only at a considerable cost of time and money
Important Record (In File Management)
A digital or photographic representation of a record stored on electronic or microform media
Image Record
A record stored on an electronic medium that can be accessed or changed
Electronic Record
The movement of materials from active to inactive files after a stated period of time
Periodic Transfer (In File Management)
A record that has no future value to an organization and that may be destroyed after current use
Nonessential Record (In File Management)
A general term for several types of micro image media such as roll microfilm, microfiche, and aperture cards
Microform
A record needed for the smooth, effective operation of an organization that is slow or inconvenient to replace
Useful Record (In File Management)
Time that records must be kept according to operational, legal, regulatory, and fiscal requirements
Retention Period (In File Management)
Transferring of materials from active to inactive files when they are no longer needed for frequent reference
Perpetual Transfer (In File Management)
A tax-deferred retirement plan for employees of nonprofit organizations or educational institutions
403(b) Account
A tax-deferred retirement plan for employees of private companies and corporations
401(k) Account
A record that cannot be replaced and should never be destroyed
Vital Record (In File Management)
A type of long-term promissory note, frequently issued to the public as a security regulated under federal securities laws
Bond
A financial document that shows an organization’s assets, liabilities, and owner’s equity at a given point in time
Balance Sheet
The interest rate charged on an amount of money borrowed
Annual Percentage Rate (APR)
A retirement plan for an employee that is paid for by the employer
Defined Benefit Plan