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To track staff acknowledgement of policy reading using Office 365, start by storing your policies in SharePoint, specifically within a document library. Then, copy the link to these policies for later use. Create a form in Microsoft Forms, titled "Policy Receipt Form," which will be sent to staff to confirm they have read the policies. The form will consist of a choice question asking if they have read and been informed about the contents and requirements of the policies. This method enables you to maintain a record of staff acknowledgements efficiently.