MDM Consolidates Data from Various Data Sources into a Multi-Source

question 151

True/False

MDM consolidates data from various data sources into a multi-source data file, which then feeds data back to the applications, thereby creating accurate and consistent data across the enterprise.

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Definitions:

Assets

Economic resources controlled or owned by a business or individual from which future economic benefits are expected to flow.

Statement of Cash Flows

A fiscal report that demonstrates the consequences of shifts in balance sheet accounts and income on cash and cash equivalents, organizing the analysis into operations related to investing, financing, and operating activities.

Investing Transactions

Financial activities related to the purchase and sale of long-term assets or investments.

Financing Transactions

Activities that result in changes to the size and composition of the equity and borrowings of an entity.