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ACCA Strategic Professional · Advanced Performance Management · Data science and analytics

Castell Pharma appoints a data steward for each major data domain (finance, sales, R&D). The CFO wants to know what this role mainly provides within the governance framework. Which statement is correct?

A data steward is accountable for the day-to-day quality, definitions and proper use of data in their domain, applying policies set by the data governance body. They do not set corporate data strategy, run infrastructure or perform external audit.

  1. AThe steward owns overall corporate strategy for data and approves the annual IT budget
  2. BThe steward is accountable for day-to-day quality, definitions and correct use of data in their domain, following policies set by the governance bodyCorrect
  3. CThe steward builds and maintains the network infrastructure holding the data
  4. DThe steward performs the external audit of data-related disclosures

Explanation

Data stewards operate at an operational level, maintaining data definitions, quality and proper use within a domain under policies set by a governance council or owner. Strategy and budget sit with senior governance, infrastructure with IT, and external audit is independent of the company.

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