Data governance terminology: is the authoritative source of a dataset commonly referred to as the system of record (SoR)?

Introduction / Context:
Data governance practices designate authoritative sources for critical entities (customers, products, accounts). The term “system of record” (SoR) identifies the official source from which truth is derived and to which other systems reconcile. This question asks if “source of the data” is sometimes called the system of record.

Given Data / Assumptions:

• SoR implies stewardship, controls, and authoritative lineage.
• Downstream systems may be systems of reference or systems of engagement.
• Not all producers of data are authoritative; governance determines SoR status.

Concept / Approach:
In enterprise architecture, identifying the SoR prevents duplication and conflicting updates. The SoR holds the master copy and enforces quality and ownership policies. Other systems may cache or transform data but should reconcile with the SoR. Hence, referring to the authoritative source as the “system of record” is accurate and aligns with industry terminology.

Step-by-Step Solution:

Verification / Alternative check:
Review data stewardship documents and architecture diagrams; the SoR designation is commonly documented for each master domain.

Why Other Options Are Wrong:

• Incorrect: Conflicts with standard governance vocabulary.
• Limiting SoR to finance/master/government ignores its wider enterprise use.

Common Pitfalls:
Confusing any data producer with an SoR; failing to document ownership and change management for the SoR.

Final Answer:
Correct