What does the term 'Static Data' refer to in Workday?

The term 'Static Data' in Workday refers to data that is consistent and does not undergo regular updates. This type of data generally remains stable over time and includes information such as organizational structures, employee demographics, and other fundamental entities that are critical to the system's operation. Static data is essential for establishing a baseline for processes and transactions within Workday, allowing for a consistent reference point that doesn't change frequently.

On the other hand, types of data that change frequently or require real-time processing would not fall under the category of static data, as they are more dynamic in nature. Additionally, while static data can certainly be used in reporting, it is broader in scope than just data used exclusively for that purpose. The focus on the consistency and infrequent change in static data is what makes option B the correct choice.