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Define Metadata, Master Data and Transaction Data?
Question Posted on 18 Dec 2020

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Define Metadata, Master Data and Transaction Data?
(1)Metadata:-Metadata will told about the stucture of data or metaobjects. In other we can say that Metadata is data about data.
(2)Master Data:-Here data is like key information like we have data of customer information, employee and material etc. This is more like a reference data. To understand this we will take a example If a customer orders 10 units of your product instead of asking the customer for his shipping address 10 times, the same can be referenced from the Customer Master Data.
(3)Transaction Data:-When we do lots of activity day by day these are called transaction data.
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