Forensic Accounting

Category - Specialized Forensic Knowledge

Which of the following is a hindrance in effective data management?
  1. Over retention
  2. Quick retention
  3. Under retention
  4. All of the above
Explanation
Answer: D - Under retention and over retention both causes hindrance towards effective management of information. Many corporate entities tend to negate the under-retention methodology, but little time and effort is spent on evaluating the effects over retention can have on effective and comprehensive data management. Over retention and under retention are the most commonly applied data management. Both can lead towards inefficiencies. Also, quick retention, t retains the information without much background checks, which can hinder effective data management.
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