What are the three main categories of source document files?

• A. Pending, Posted, Completed
• B. Active, Inactive, Archived
• C. Draft, Final, Printed
• D. Open, Closed, Reconciled

Answer: (A)

Understanding the lifecycle of source documents in processing: a document begins in Pending, meaning it’s been created but hasn’t yet been acted on; it awaits verification or approval. Once it’s reviewed and data are entered into the system, it’s Posted, updating the ledgers and reflecting the transaction in the records. After all steps are finished, the document is Completed, indicating the workflow is fully closed or archived. The other groupings describe different ways to label file states (such as general file status or production stages) but do not reflect the three-stage progression from creation to recording to closure that source documents typically follow.