A bank’s detailed portfolio data on positions held in a particular security across the bank does not agree with the aggregate total position for that security for the bank .
What data quality attribute is missing in this situation?
A . Data completeness
B . Data integrity
C . Auditability
D . Data extensibility
Answer: B
Explanation:
The term ‘data quality’ has multiple elements, ie, data in order to be considered of a high quality must have multiple attributes such ascompleteness, timeliness, auditability etc. Because this is not an exact science, every expert or text book will have a different view of what goes into data quality.
For our purposes however, we will stick to what the PRMIA study material specifies, and according to the study material the following are the elements that can be considered attributes that make for quality data:
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