How long should sales records such as invoices and monthly statements be stored? Question 18 options:

3 years

6 years

9 years

Indefinitely

HEL

9 years

Explanation:

Invoices and monthly statements are financial records of a company. Such records are subject to audit and tax queries.  Typically, tax and audit queries arise after transactions and the financial year has been concluded. Sometimes, it may take years to conclude audit or tax queries.

Nine years is considered an ideal time to store such records. It is ample time to allow for any references to audit, tax, or any other query.

9 years is wrong on the test

Explanation:

it could be 6 years i think

edit: 6 years is correct on the test

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