What Is the Practice of Gathering Data and Ensuring That

question 198

Multiple Choice

What is the practice of gathering data and ensuring that it is uniform, accurate, consistent, and complete, including such entities as customers, suppliers, products, sales, employees, and other critical entities that are commonly integrated across organizational systems?

• A) Information inconsistency
• B) Information integrity issues
• C) Data governance
• D) Master data management

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Definitions:

Predetermined Price

A price established in advance for transactions, often based on cost estimates or contractual agreements.

Multinational Organization

is a business entity that operates in multiple countries outside of its original or home country, managing production or delivering services in several countries.

Market Price

The current price at which an asset or service can be bought or sold in a particular market, determined by supply and demand dynamics.

Open Pay System

A compensation strategy where an organization openly shares salary ranges and sometimes individual salaries, aiming for transparency.