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

Question

Quizplus · Accepted Answer

Master data management involves the processes, governance, policies, standards, and tools that consistently define and manage the critical data of an organization to provide a single point of reference. It ensures that the organization's data is uniform, accurate, consistent, and complete.

What Is Master Data Management