Which of the following BEST describes the responsibilities of data owner?

Performing periodic audits for data quality and validation is the responsibility of the data custodian or a data steward, not the data owner.

The data owner (typically a senior manager or executive) is responsible for determining the classification and business value of data, which includes assessing the impact the information has on the organization's mission. This classification decision drives all subsequent security controls, access policies, and handling requirements for that data asset.

Maintaining data storage, availability, and archiving are operational and technical duties that fall under the data custodian's role, not the data owner's.

Ensuring accessibility to appropriate users and enforcing data security controls are custodian-level responsibilities; the data owner defines the policy but does not implement or maintain it operationally.