What Is Master Data Management

question 162

Multiple Choice

What is master data management?

• A) The time it takes for data to be stored or retrieved
• B) The practice of gathering data and ensuring that it is uniform, accurate, consistent, and complete
• 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:

Grievance Procedures

Formal steps followed by an organization for employees to report and resolve conflicts, complaints, or concerns related to their work environment or relationships.

Legal Costs

Expenses incurred in the process of legal action or in providing legal services, including lawyer fees and court costs.

Gender Diversity

The equitable representation and inclusion of various genders within a workplace or organization, aiming for a balanced distribution across all levels and roles.

Inclusion

The practice of ensuring that all individuals, regardless of their differences, have equal access to opportunities and resources within an organization or society.