Certified Data Management Professional – Fundamentals (CDMP) — Question 87

Which of the following is the best example of a 'documented data quality rule'?

Answer options

• A. The transaction data from all satellite systems needs to be ready by 12:05 am in order to feed the overnight batching window, to ensure branches have access to actual customer balances
• B. All transaction data in the core banking systems need to be processed at 12:05 am each day regardless of the business calendar day and timezone
• C. Every transaction recorded must be processed by 12:05 am by authorized personnel who will validate balances and data delivery to branches
• D. Each transaction data file holding customer transactions must be kept confidential to the authorized users within the operations team
• E. The transaction data from all satellite systems needs to reflect actual customer balances each morning

Correct answer: A

Explanation

Option A is the correct answer because it provides a clear guideline that specifies when the transaction data must be ready to ensure operational efficiency and accuracy in customer balance reporting. The other options, while related to data quality, do not provide a documented rule that directly addresses readiness and access to data in the same manner as option A.