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Question 42

How is the Taxonomy component used in the Document Understanding Template?

    Correct Answer: A

    The Taxonomy component in the Document Understanding Template is primarily used to define the document types and the pieces of information targeted for data extraction (fields) for each document type. It serves as the framework's metadata that helps categorize and structure different logical types of documents, enabling the extraction of relevant data for various business processes.

Discussion
Engineer24Option: A

The Taxonomy is the metadata that the Document Understanding framework considers in each of its steps. A Taxonomy is a collection of Document Types. A Document Type is the definition of a logical type of document, that must be handled by different business processes.