Q128
Hina wants to store income tax records of the last three years in electronic form. However, she is not sure whether it will satisfy legal requirement should there be a need to produce those records at a later date before appropriate authority. Advise her by selecting the most appropriate answer:-
A.
No problem, she can store the records in electronic form on a floppy disk
B.
She can store the records in electronic form on CD-ROM
C.
She can store the records in electronic form only if they are retrievable, usable and can be accurately reproduced at a later date
D.
She can store the records on any media as long as she is able to retrieve it at a later date
AnswerAnswer: Option D
Solution
Answer: Option D
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