In close partnering, which function is primarily responsible for capturing data?

Prepare for the CIMA Managing Finance in a Digital World (E1) Exam. Use multiple choice questions and study aids to enhance your knowledge. Get exam-ready with our insights and tips!

Multiple Choice

In close partnering, which function is primarily responsible for capturing data?

Explanation:
In close partnering, the IT function is responsible for capturing data. This is because data capture happens through the organization's systems, networks, and devices—ERP and other business systems, CRM, logs, IoT sensors, and data feeds. IT designs and maintains the data capture mechanisms, such as databases, data pipelines, APIs, and ETL processes, ensuring data is collected accurately, timely, and securely, with proper metadata and quality controls at the source. Data analysts and data scientists then use the captured data for analysis and modeling, while business leaders define what data is needed and set governance, but they don’t perform the actual data capture.

In close partnering, the IT function is responsible for capturing data. This is because data capture happens through the organization's systems, networks, and devices—ERP and other business systems, CRM, logs, IoT sensors, and data feeds. IT designs and maintains the data capture mechanisms, such as databases, data pipelines, APIs, and ETL processes, ensuring data is collected accurately, timely, and securely, with proper metadata and quality controls at the source. Data analysts and data scientists then use the captured data for analysis and modeling, while business leaders define what data is needed and set governance, but they don’t perform the actual data capture.

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