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To track who has read and acknowledged policies in Office 365, you can use SharePoint for policy storage and Microsoft Forms for acknowledgment. First, copy the link to the policies stored in a SharePoint document library. Then, create a new form in Microsoft Forms titled "Policy Receipt Form." In this form, include a choice question asking respondents if they have read and been informed about the contents, requirements, and expectations of the policies. This approach allows for simple tracking and record-keeping of policy acknowledgment among staff.