Planned control activities are not considered master data. Here's why:
* Master Data Examples:
* Categories and Lists: Master data typically includes lists and categorizations that are used repeatedly across multiple business processes and systems.
* Examples: Product categories, account codes, country codes, and currency codes, which are relatively stable and broadly used.
* Planned Control Activities:
* Process-Specific: Planned control activities pertain to specific actions and checks within business processes, often linked to operational or transactional data.
* Not Repeated Data: They are not reused or referenced as a stable entity across different systems.
* References:
* Data Management Body of Knowledge (DMBOK), Chapter 7: Master Data Management
* DAMA International, "The DAMA Guide to the Data Management Body of Knowledge (DMBOK)"