152k views
1 vote
___________ contains information needed to carry on the operations of a firm over long periods of time.

1 Answer

3 votes

Answer:

The correct word for the blank space is: Reference document.

Step-by-step explanation:

A reference document is a file stored containing procedures, practices or strategies used by a firm in the past for a specific purpose. The goal of keeping these documents is to avoid time in the future in case a similar problem happens by applying the solution method implemented in the past.

User Gxmad
by
4.7k points