Which statement describes Data Integrity in this context?

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

Which statement describes Data Integrity in this context?

Explanation:
Data integrity means the data is accurate, complete, and reliable for decision-making, and it stays trustworthy throughout its life cycle. In a digital finance context, this underpins reports and analyses so decisions aren’t misled by corrupted or inconsistent information. Maintaining data integrity involves validation checks, data cleansing, audit trails, and access controls to prevent unauthorized changes. Stewardship is about who is responsible for data governance, which is related but focuses on governance roles rather than the data itself. Value enabling and value creation describe how data or information helps generate benefits or outcomes, not the trustworthiness of the data. So the statement that best fits is that data is accurate, complete, and trustworthy for decision-making.

Data integrity means the data is accurate, complete, and reliable for decision-making, and it stays trustworthy throughout its life cycle. In a digital finance context, this underpins reports and analyses so decisions aren’t misled by corrupted or inconsistent information. Maintaining data integrity involves validation checks, data cleansing, audit trails, and access controls to prevent unauthorized changes.

Stewardship is about who is responsible for data governance, which is related but focuses on governance roles rather than the data itself. Value enabling and value creation describe how data or information helps generate benefits or outcomes, not the trustworthiness of the data. So the statement that best fits is that data is accurate, complete, and trustworthy for decision-making.

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