Which factor is [b]not[/b] important for determining the value of data for an organization?

In order to take out a fire insurance policy, an administration office must determine the value of the data that it manages.

Which factor is [b]not[/b] important for determining the value of data for an organization?

A. The content of data.

B. The degree to which missing, incomplete or incorrect data can be recovered.

C. The indispensability of data for the business processes.

D. The importance of the business processes that make use of the data.

Answer: A

Explanation:

The content of data is not an important factor for determining the value of data for an organization. The content of data refers to the representation or format of data, such as text, numbers, images, audio, video, etc. The content of data can change depending on how it is processed, stored, or presented, but the value of data is derived from its meaning and usefulness for the organization. Therefore, the content of data is not relevant for taking out a fire insurance policy, as it does not reflect the potential loss or damage that the organization would suffer if the data was destroyed by fire. The other factors, such as the degree of recoverability, the indispensability, and the importance of data for the business processes, are important for determining the value of data for an organization. These factors indicate how critical the data is for the organization’s operations, performance, and competitiveness, and how difficult or costly it would be to restore or replace the data in case of a fire. Therefore, the correct answer is A.

Reference: Putting a value on data – PwC UK, page 3; What is Data Value? How to Define the Value of Your Data.