Differentiate Between Master Data and Transaction Data

question 58

Short Answer

Differentiate between master data and transaction data.
Section reference 1: Data Governance

---

Definitions:

Closed Questions

Questions designed to elicit a yes/no or another simple, specific answer, limiting the respondent's opportunity to provide detailed responses.

Leading Questions

Questions structured in a way that subtly prompts the recipient to give a particular answer, often used in interviews and surveys.

Open-ended Questions

Questions formulated to elicit more detailed and expansive responses, allowing for a wide range of answers.

Personal Activity Report

A document or record detailing an individual's tasks, accomplishments, and progress over a specified period.