Which term best describes data that can be owned or controlled?

Prepare for the Certified Data Management Professional Exam with flashcards and multiple-choice questions, each with hints and explanations. Ace your CDMP exam!

Multiple Choice

Which term best describes data that can be owned or controlled?

Explanation:
The term that best describes data that can be owned or controlled is “information asset.” This concept emphasizes the value of data as a tangible resource that can be managed, protected, and leveraged by organizations. Data is not merely a collection of bits and bytes; it is recognized as an asset that has the potential to drive decision-making, innovation, and competitive advantage. By treating data as an information asset, organizations consider its ownership, governance, and strategic importance. The other options do not encapsulate the idea of ownership or control in the same way. “Data value” refers to the worth or utility of data but does not imply ownership. “Data category” pertains to the classification of data types but doesn’t address ownership. “Data source” identifies where the data originates but lacks the aspect of control or management associated with being an information asset. Therefore, the best choice that aligns with the concept of ownership and control over data is information asset.

The term that best describes data that can be owned or controlled is “information asset.” This concept emphasizes the value of data as a tangible resource that can be managed, protected, and leveraged by organizations. Data is not merely a collection of bits and bytes; it is recognized as an asset that has the potential to drive decision-making, innovation, and competitive advantage. By treating data as an information asset, organizations consider its ownership, governance, and strategic importance.

The other options do not encapsulate the idea of ownership or control in the same way. “Data value” refers to the worth or utility of data but does not imply ownership. “Data category” pertains to the classification of data types but doesn’t address ownership. “Data source” identifies where the data originates but lacks the aspect of control or management associated with being an information asset. Therefore, the best choice that aligns with the concept of ownership and control over data is information asset.

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