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Hey there! Welcome to our discussion on classification and retention schedules. In this module you will learn: One What is a Records Classification and Retention Schedule? Two What do the acronyms and symbols associated with the schedule mean? and three How is it used? What is a records classification and retention schedule? A classification and retention schedule is a tool that describes university records and tells us how long those records should be retained ing to law, business, financial and audit requirements. How it is used? ing to UBC Policy 117, classification and retention schedules apply to university records across faculties, schools, centres, academic support units, ancillary services, and senior administration. The schedules apply regardless of how records are created or organized within each unit and regardless of format or medium. We have responsibilities here, so lets take a closer look at this tool. Acronyms and Symbols Here we see the Classification Schedule and Ret