Retention of business records should PRIMARILY be based on:
A.
business strategy and direction.
B.
regulatory and legal requirements.
C.
storage capacity and longevity.
D.
business ease and value analysis.
Explanation:
Retention of business records is generally driven by legal and regulatory requirements. Business
strategy and direction would not normally apply nor would they override legal and regulatory
requirements. Storage capacity and longevity are important but secondary issues. Business case
and value analysis would be secondary to complying with legal and regulatory requirements.