Corporate Data — Learn free

Self-check

Questions 1–10 of 10

1. What does Corporate Data refer to?
Question 1A. All the information that belongs to a company and is used to run its businessB. Only the financial accounts of a companyC. Data purchased from external vendorsD. Only the data stored in the IT department's serversE. Public information about a company's share price
2. Which category of corporate data includes day-to-day transactions such as sales orders, payments and inventory updates?
Question 2A. Master dataB. Operational dataC. Analytical dataD. Financial dataE. Unstructured data
3. Which category of corporate data includes core entities such as customers, products, employees and suppliers?
Question 3A. Operational dataB. Financial dataC. Master dataD. Unstructured dataE. Analytical data
4. Which of the following is an example of unstructured corporate data?
Question 4A. A database table of sales ordersB. A budget spreadsheetC. A customer master recordD. Call recordings and social media commentsE. Aggregated quarterly revenue figures
5. Which category of corporate data includes aggregated and historical information used for reporting and decision-making?
Question 5A. Operational dataB. Master dataC. Financial dataD. Unstructured dataE. Analytical data
6. Which of the following is NOT listed as a department in which corporate data exists?
Question 6A. AstronomyB. FinanceC. Human ResourcesD. Supply chainE. Customer service
7. What can poor-quality or poorly governed corporate data lead to?
Question 7A. Faster decision-makingB. Wrong strategies, financial losses or regulatory risksC. Lower storage costsD. Improved complianceE. Better customer trust
8. Although HR manages employee records and finance manages accounting systems, who owns corporate data?
Question 8A. Each department owns its data exclusivelyB. The IT department owns all dataC. The organisation as a whole, since corporate data is a strategic assetD. The external auditorsE. The individual employee who created it
9. In the school example of corporate data, why can the principal's question 'How many students improved their Maths scores this year?' only be answered from properly stored and managed data?
Question 9A. Because the principal is not allowed to ask teachersB. Because students are unreliable witnessesC. Because only the IT department knows the answerD. Because if the data is incomplete or incorrect, the answers will also be wrongE. Because Maths scores are unstructured data
10. What is the key idea about corporate data?
Question 10A. It is simply stored information with no strategic valueB. It should be kept only by the finance teamC. It is a risk that should be minimised by storing lessD. It matters only for daily operations, not long-term planningE. When managed properly it becomes a competitive advantage; when ignored it becomes a risk