Final answer:
The statement is false as both confirmation replies and copies of client agreements should be properly indexed and filed as part of good documentation practices, which are crucial for legal compliance and records management.
Step-by-step explanation:
The statement that confirmation replies and copies of client agreements are not considered schedules and thus are not indexed and filed is false. In business, particularly within areas such as finance, law, and records management, all documents relevant to client interactions, including confirmations and agreements, should be properly indexed and filed. These documents are essential for maintaining accurate records, legal compliance, and efficient retrieval when they are needed for reference or evidence in dispute resolution.
Proper documentation practices are key in ensuring that a company can account for its transactions and actions. They form part of a broader records management or document control system and are generally subject to regulatory requirements in various industries. Ignoring the filing and indexing of such documents would not only be impractical but could lead to difficulties in tracking client interactions and potential legal or compliance issues.