What Is Data Gap Analysis

question 157

Multiple Choice

What is data gap analysis?

• A) The time it takes for data to be stored or retrieved
• B) The management and oversight of an organization's data assets
• C) The tests and evaluations used to determine compliance with data governance policies to ensure correctness of data
• D) When a company examines its data to determine if it can meet business expectations, while identifying possible data gaps

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Definitions:

Safety Margin

The difference between the actual level of sales or production and the break-even point, measuring the cushion a company has before it incurs losses.

Break Even Point

The financial analysis term where total revenues equal total expenses, and there is no profit or loss.

Budgeted Revenue

The amount of income that a company plans or expects to generate over a certain period, often used for planning and performance evaluation purposes.

After-Tax Profit

The net income a company generates after all taxes have been deducted from total revenues.