Select all the statements that are True. Social media sites may contain records. Federal law requires that all records be scheduled for disposition. Contractors can decide their own retention period for federal records. Managers and supervisors are exempted from complying with federal records management. Federal records that you create or receive are yours to destroy and/or to remove from your agency as you decide. Applying NARA-approved records dispositions improves agency business operations, reduce costs and space needs, and ensures federal compliance.