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A large percentage of the data elements in any given transaction is composed of "Master Data." examples of which include data about (Choose 2)
Suggested Answer: A, C
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27 comments · newest first
WI
Winfred
10 months ago
Content and disposition aren't master data, just saying.
SO
Sommer
10 months ago
Definitely individuals and organizations, can't have transactions without them!
GL
Glenna
10 months ago
Wait, are we sure about that? Sounds too broad.
ST
Stephen
10 months ago
Master data includes individuals and organizations.
RE
Reita
10 months ago
Totally agree, those are key components!
HU
Huey
11 months ago
I feel like Content might not be the right choice here. Organizations and Individuals seem more aligned with what we studied about Master Data.
CR
Cristina
11 months ago
I'm a bit confused about Disposition. I don't recall it being a part of Master Data, but I could be wrong.
KR
Krystal
11 months ago
I remember practicing a question similar to this, and I think Organizations and Individuals were definitely part of Master Data.
MI
Micaela
11 months ago
I think Master Data includes information about Organizations and Individuals, but I'm not entirely sure if Content fits in there too.
CH
Chau
12 months ago
This is a good opportunity to show my understanding of master data concepts. I'll carefully consider each option and select the two that best represent examples of master data.
AV
Avery
12 months ago
I remember learning about master data in class, but I'm drawing a blank on the specifics right now. I'll have to read the question again closely and try to eliminate the wrong answers.
TA
Tarra
12 months ago
Okay, I know master data is the core data that underpins a business, like information about customers, products, and suppliers. I think I can narrow this down to the right two options.
AL
Albina
1 year ago
Hmm, I'm not entirely sure about the difference between master data and other types of data. I'll need to think this through carefully.
SH
Shenika
1 year ago
This seems like a straightforward question about master data. I'm pretty confident I can handle this one.
MY
Myra
1 year ago
A and C, definitely. Can't have a transaction without the people and the companies, am I right? Although, I do have to say, a little bit of B would really bring some excitement to the party!
AL
Albina
1 year ago
A) Individuals
CA
Cassi
1 year ago
A and C, no doubt. You can't have a transaction without people and companies. But hey, why not throw in a little D as well? Keeps things fresh, am I right?
RA
Raul
1 year ago
But content is not always considered master data, it's more about individuals and organizations.
IR
Ira
1 year ago
A and C, for sure. I mean, who doesn't love a good organization and some individuals to keep things lively? Throw in B just to spice things up, you know?
AD
Adolph
1 year ago
I agree, having organized data about individuals and organizations is crucial.
ME
Melda
1 year ago
I'm not sure about that, I think it could be B and C.
KE
Kent
1 year ago
Definitely A and C. Individuals and Organizations are the backbone of any transaction. Throw in a little bit of D for good measure, just to keep things interesting!
GE
Gene
1 year ago
D) Disposition
AN
Antonio
1 year ago
C) Organizations
CO
Colton
1 year ago
A) Individuals
LA
Lakeesha
1 year ago
I agree with Raul, individuals and organizations are definitely part of master data.
RA
Raul
1 year ago
I think the answer is A and C.