What are the short statements of management intent and fundamental governing data called?

The correct answer, which identifies short statements of management intent and fundamental governing data, is "Data policies." Data policies serve as guiding principles and frameworks that define the strategic direction, expectations, and rules for managing data within an organization. These statements are essential for establishing a unified approach to data governance, ensuring that data is managed consistently and in alignment with the organization's objectives.

Data policies outline the overarching goals for data management, including data quality, privacy, security, and compliance. By articulating management's expectations, these policies set clear parameters for how data should be handled and utilized, cultivating a disciplined and structured environment for data stewardship.

In contrast, data procedures relate to the specific steps or methods to execute data management tasks, while data standards focus on specific criteria or specifications for the data itself, such as formats or structures. Business rules, on the other hand, are the operational guidelines that dictate how business processes interact with data. Each of these plays a critical role in the overall data governance framework, but it is the data policies that encapsulate the core management intent and governing principles.