Explanation:

Reference:
https://docs.microsoft.com/en-us/microsoft-365/compliance/declare-records?view=o365-worldwide
https://docs.microsoft.com/en-us/powershell/exchange/connect-to-scc-powershell?view=exchange-ps

Reference:
https://docs.microsoft.com/en-us/microsoft-365/compliance/dlp-use-policies-non-microsoft-cloud-apps?
view=o365-worldwide
Overview
Contoso, Ltd. is a consulting company that has a main office in Montreal and three branch offices in Seattle, Boston, and Johannesburg.
Microsoft 365 Environment
Contoso has a Microsoft 365 FS tenant I he tenant contains the administrative user accounts shown in the following table.

Users store data In the following locations:
* SharePoint sites
* OneDrive accounts
* Exchange email
* Exchange public folders
* Teams chats
* Teams channel messages
When users in the research department create documents, they must add a 10-dig>t project code to each document. Project codes that start with the digits 999 are confidential.
SharePoint Online Environment
Contoso has four Microsoft SharePoint Online sites named Site1. Site2. Site3. and Site4.
Site2 contains the files shown in the following table.

Two users named User1 and User2 are assigned roles for Site2 as shown in the following table.

Sile3 stores documents related to the company's projects. The documents are organized In a folder hierarchy based on the project.
Slte4 has the following two retention policies applied:
* Name: SitetKetentionPolicy1
* Locations to apply the policy: Site4
* Delete items older than:2 years
* Delete content based on: When items were created
* Name: Site4RetentionPolicy2
* Locations to apply the policy. Sile4
* Retain items for a specific period: 4 years
* Start the retention period based on: When items were created
* At the end of the retention period: Do nothing

Reference:
https://docs.microsoft.com/en-us/microsoft-365/compliance/endpoint-dlp-getting-started?view=o365-worldwide