Within the Corporate Information Factory, what data is used to understand transactions?

Within the Corporate Information Factory, what data is used to understand transactions?
A . Master Data and Unstructured Data
B . Internal Data. Physical Schemas
C . Master Data. Reference Data, and External Data
D . Reference Data and Vendor Data
E . Security Data and Master Data

View Answer

Answer: C

Explanation:

In the context of the Corporate Information Factory, understanding transactions involves integrating various types of data to get a comprehensive view. Master Data (core business entities), Reference Data (standardized information), and External Data (information sourced from outside the organization) are essential for providing context and enriching transactional data.

Reference: DAMA-DMBOK: Data Management Body of Knowledge (2nd Edition), Chapter 3: Data Architecture and Chapter 11: Reference and Master Data Management.

"Building the Data Warehouse" by W.H. Inmon, which introduces the Corporate Information Factory concept.