1-2 Classifying Records Business Record External Internal Transactional Reference Property Title Document Rationale: Weekly Employee Timesheets Rationale: Invoices Sent To Customers Rationale: Annual Financial Report To Shareholders Rationale: Quarterly Federal Employee Payroll Tax Report Rationale: E-mail Announcing Employee Retirement Party Time and Location Rationale: Business Record Property Title Document Rationale: Weekly Employee Timesheets Rationale: Invoices Sent To Customers Rationale: Annual Financial Report To Shareholder Rationale: Quarterly Federal Employee Payroll Tax Report Rationale: E-mail Announcing Employee Retirement Party Time and Location Rationale: Vital Important Useful Nonessential Not a Record