* Understanding the Context:Location-related attributes are specific details that describe the physical or logical location of an entity. These attributes can include information such as geographical coordinates, address details, or logical identifiers used in software applications.
* Categories of Data:
* Reference Data:This is data that is used to define other data. It often includes code lists, taxonomies, and hierarchies. Examples are country codes or currency codes.
* Metadata:This is data about data, providing context or additional information about other data.
Examples include schema definitions or data dictionaries.
* Application Suite Master Data:This refers to the master data used across an entire suite of applications but not necessarily enterprise-wide.
* Application Master Data:This is master data specific to a single application or a closely related group of applications within a specific function.
* Enterprise Master Data:This is master data that is used across the entire enterprise, supporting multiple functions and applications.
* Application Master Data Identification:The question specifies that these location-related attributes are used exclusively by a group of financial applications. Thisexclusivity implies that the data is tailored for specific applications rather than being used across the entire enterprise or just for reference purposes.
* Conclusion:Since the data is used specifically within a group of financial applications, it best fits the category of "Application Master Data" rather than enterprise-wide or reference data.
References:
* DMBOK Guide: Data Management Body of Knowledge, specifically sections on Data Governance and Master Data Management.