The master data $($or recurring data$)$ corresponds to the organization information which is essential for running the company. This information can include data about customers, products, employees, materials, suppliers, etc. The master data contains the persistent information of the organization and is often used and reused by different functional groups within the organization. When there is no central database, there is potential for data duplication and$/$or data inaccuracy, which can lead to costly mistakes.

Group of answer choices

True

False