Answer:
The major reasons for retaining data are:
- Legal obligation
- Needs of the business
- For recovery
In other words, the correct answer is: E. All of the above.
Retaining data is an important part of managing and protecting information in a business or organization. There are a number of reasons why data might need to be retained, including:
- Legal obligation: In many cases, businesses and organizations are required by law to retain certain types of data for a specified period of time. This might include financial records, customer data, or other types of information that are subject to legal requirements.
- Needs of the business: Even if there is no legal requirement to retain data, there may be business reasons for doing so. For example, retaining data can help a business to track its performance, identify trends and patterns, and make better decisions.
- For recovery: In the event of a disaster or other unforeseen event, having a backup of data can be critical for recovering from the incident and continuing to operate. Retaining data can provide a valuable safety net in case of unexpected problems.
Step-by-step explanation:
In summary, retaining data is important for a variety of reasons, including legal obligations, the needs of the business, and for recovery in case of unexpected events.