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CS Professional · Artificial Intelligence, Data Analytics and Cyber Security - Laws and Practice · Management Information Systems - An Overview

Under the Information Technology Act, 2000, an electronic record kept in an MIS is relied upon by a company for compliance. Which statement is correct about its legal and structural reliability?

The IT Act recognises electronic records, and legal retention requirements can be met electronically if the information stays accessible for later reference and is preserved accurately. Hence an MIS with integrity and access controls can support statutory compliance without mandatory paper printing or notarisation.

  1. AAn electronic record has no legal recognition because it is not on paper
  2. BA record that is accessible and usable for later reference can satisfy a legal requirement to retain information, so MIS record-keeping with integrity controls supports complianceCorrect
  3. COnly handwritten registers are valid for any statutory purpose
  4. DElectronic records are valid only if printed and notarised every day

Explanation

The IT Act gives legal recognition to electronic records and permits retention in electronic form where the record remains accessible for later reference and its content is preserved. This is why MIS controls on integrity and access matter. The other options deny recognition or add requirements the Act does not impose.

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