What Is the Term for the Management and Oversight of an Organization's

question 149

Multiple Choice

What is the term for the management and oversight of an organization's data assets to help provide business users with high-quality data that is easily accessible in a consistent manner?

• A) Data steward
• B) Data stewardship
• C) Data gap analysis
• D) Data governance

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Definitions:

Assets

Resources owned or controlled by a business that are expected to bring future economic benefits.

Accrual Basis

An accounting method where transactions are recorded when they occur, regardless of when cash is exchanged, focusing on economic events rather than cash flow.

Ledger

A book or collection of financial accounts where double-entry bookkeeping transactions are recorded, including assets, liabilities, revenue, and expenses.

Updating

The act of revising or refreshing information to reflect the most current data available.