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ISMN 2140 Exam 3 Material Auburn (Lamb) Exam Questions With Correct Answers

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ISMN 2140 Exam 3 Material Auburn (Lamb) Exam Questions With Correct Answers

Institution
ISMN
Course
ISMN

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ISMN 2140 Exam 3 Material Auburn (Lamb)
Exam Questions With Correct Answers


What is Data? - CORRECT ANSWER✔✔-information gathered from
| | | | | | | |



observations


The amount of data that an organization collects increase exponentially
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with time - CORRECT ANSWER✔✔-True
| | | |




Data is generated from multiple sources - CORRECT ANSWER✔✔-True
| | | | | | | |




Why is managing data important? - CORRECT ANSWER✔✔-Because
| | | | | | | |



data could be confidential customer information, intellectual property,
| | | | | | | |



financial transactions, etc.
| |




Why is it important for organizations to manage their data? - CORRECT
| | | | | | | | | | | |



ANSWER✔✔-The right data needs to be easily accessible to the right
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people in the organization for them to do their job
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What is Managing Data? - CORRECT ANSWER✔✔-acquiring, organizing,
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storing, accessing, analyzing, and interpreting data
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, Know that Information Systems format data in an easy-to-understand
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way so that managers/business professionals can access it according to
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their needs - CORRECT ANSWER✔✔-Know that Information Systems
| | | | | | | |



format data in an easy-to-understand way so that managers/business
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professionals can access it according to their needs | | | | | | |




What is data? - CORRECT ANSWER✔✔-things, events, activities,
| | | | | | | |



transactions, values, figures, numbers, etc, that are recorded
| | | | | | |




What is information? - CORRECT ANSWER✔✔-Data that has been
| | | | | | | | |



processed to give it meaning | | | |




What is Knowledge? - CORRECT ANSWER✔✔-when experience is
| | | | | | | |



combined with information | |




What is Data Governance? - CORRECT ANSWER✔✔-`an approach to
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managing information across an entire organization
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What are two approaches to Data Governance? - CORRECT
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ANSWER✔✔-Master data management and the database approach | | | | | |




What is Master data management? - CORRECT ANSWER✔✔-a set of
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core data, such as customer, product, employee, vendor, geographic
| | | | | | | | |



location, etc. That span the enterprise's information systems
| | | | | | |

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