How often must AFS P&Ps be reviewed and how long do they have to be kept?
a. AFS P&Ps must be reviewed annually and kept for a minimum of 3 years.
b. AFS P&Ps must be reviewed biannually and kept for a minimum of 5 years.
c. AFS P&Ps must be reviewed quarterly and kept for a minimum of 2 years.
d. AFS P&Ps must be reviewed monthly and kept indefinitely.

Q&A Education