GBI FI CASE STUDY ASSIGNMENT`
4Question 2 –Exercise Summary
This question is out of 2 marks. In two or three sentences, write a summary of what you learned from the exercise, and why this may be important to your career in business.
Question 3 –Master Data .This question is out of 3 marks. In this assignment, you created a number of master data objects.
Discuss the significance of master data to the successful operation of a business. In your answer, consider the impact on a business if the master data files are not up to date, or if they have errors.
Question 4 –Control of Master Data.This question is out of 5 marks. In this exercise, you created master data, and you entered transactions corresponding to business processes. In many businesses, those persons who create master data are not allowed to create business process transactions. Similarly, those who create business process transactions are not allowed to create master data. Why would organizations set up these restrictions?