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CDMP-RMD Reference And Master Data Management Exam Questions and Answers

Questions 4

The most difficult MDM style to implement data governance is which of following-

Options:

A.

Linkage style

B.

Centralized style

C.

Coexistence style

D.

Consolidation style

E.

Registry style

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Questions 5

Which of the following are reasons why marketing is important to a MDM program?

Options:

A.

Encourages sources to onboard their master data to MDM Inventory

B.

Promotes benefits to leadership

C.

All of the above

D.

Helps to grow the base of subscribers

E.

Helps ensure long-term sustainability of program

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Questions 6

The 3 primary categories of components in a MDM framework are:

Options:

A.

People, process, & technology

B.

Structure, ETL, & storage

C.

Integration, quality, & governance

D.

Program, project, task

E.

Matching, linking. & verification

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Questions 7

MDM is a lifecycle management process that includes the following activities with the exception of which activity?

Options:

A.

Provisioning of access to trusted data across applications, either through direct reads, data services, or by replication feeds to transactional, warehousing or analytical data stores

B.

Identifying multiple instances of the same entity represented within and across data sources: building and maintaining identifiers and cross-references to enable information integration

C.

Ensuring effective and efficient retrieval and use of data and information by ETL logic

D.

Enforcing the use of Master Data values within the organization

E.

Identifying improperly matched or merged instances and ensuring they are resolved and correctly associated with identifiers

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Questions 8

The ISO definition of Master Data quality is which of the following?

Options:

A.

Data meets the objective dimensions but not the subjective dimensions

B.

Data meets all common requirements of all data users

C.

Data is compliant to all international, country, and industry standards

D.

The degree to which the data's characteristics fulfill individual users' requirements

E.

Identifies the company that created and owns the Master Data

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Questions 9

Data Integration tor MDM and Reference data should:

Options:

A.

Be designed to ensure timely extraction and distribution of data across the enterprise

B.

Perform root analysis of data lineage at the time of integration

C.

Not allow ad-hoc changes to the data

D.

Have one only one value for the same concept

E.

Ignore minor changes because they will disrupt the entire system

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Questions 10

The Master Data hub environment that serves as the system of record tor Master Data is:

Options:

A.

SOA

B.

Two-Speed Hub

C.

Consolidated Hub

D.

Source Hub

E.

Registry

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Questions 11

Which of the following best describes Mister Data?

Options:

A.

Master Data is another name for Reference Data

B.

Master Data is data thatis mastered by business users

C.

Master Data is data about business entities that provide visibility into organizational functions

D.

Master Data is data about business entities that provide context for business transactions and analysis

E.

Master Data is data about technical entities that provide context for transactions

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Questions 12

Master Data is similar to a physical product produced and sold by a company except for which of the following characteristics?

Options:

A.

Unavailability may impact the business

B.

Must fit the consumers' required use

C.

Need for information about its characteristics

D.

Depletes when pulled from inventory

E.

Has a useful life span

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Questions 13

Should both in-house and commercial tools meet ISO standards for metadata?

Options:

A.

Yes. at the very least they should provide guidance

B.

No. each organization needs to develop their own standards based on needs

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Questions 14

Which of the following is NOT a Reference & Master Data activity?

Options:

A.

Evaluate and Assess Data Sources

B.

Manage the Lifecycle

C.

Establish Governance Policies

D.

Model Data

E.

Define Architectural Approach

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Questions 15

Which of the following reasons is a reason why MDM programs are often not successful?

Options:

A.

Too much emphasis on technology rather than people and process components

B.

All of the above

C.

Poor positioning of MDM program responsibility within the IT organization

D.

Not enough business commitment and engagement

E.

MDM initiative is run as a project rather than a program

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Questions 16

The following are examples of entities for which you need to manage master data:

Options:

A.

Employee Assignment. Employer. Transaction

B.

Party, Account Balance,Order

C.

Customer, Transaction,Product

D.

Customer, Product,Employee

E.

Product, Order,Inventory

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Questions 17

Which of the following is NOT a metric that c.tn be tied to Reference and Master Data Quality?

Options:

A.

Data sharing usage

B.

The rate of change of data values

C.

Service Level Agreements

D.

Data sharing volume

E.

Operational functions

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Questions 18

Master and Reference Data are forms of:

Options:

A.

Data Mapping

B.

Data Quality

C.

Data Architecture

D.

Data Integration

E.

Data Security

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Questions 19

Is there a standard tor defining and exchanging Master Data?

Options:

A.

Yes, ISO 22745

B.

No. every corporation uses their own method

C.

Yes. it is called ETL

D.

No. there are no standards because not everyone uses Master Data

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Questions 20

All organizations have master data even if it is not labelled Master Data.

Options:

A.

True

B.

False

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Questions 21

Key processing steps for successful MDM include the following steps with the exception of which processing step?

Options:

A.

Data Indexing

B.

Data Acquisition

C.

Data Sharing & Stewardship

D.

Entity Resolution

E.

Data Model Management

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Questions 22

What technology option can provide better support of a Registry style MDM?

Options:

A.

JSON mapping

B.

ETL toolset

C.

Columnar database

D.

Complex queries

E.

Data virtualization

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Questions 23

What statement is most accurate about master data metadata?

Options:

A.

Includes a sample of content

B.

Does little to improve fit-for-purpose choices on when and where to apply the ' data

C.

Secures the content

D.

Provides the who. what, and where context about master data content

E.

Can either be related to technical or business perspectives of content, but not

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Questions 24

What is the best way to ensure you have high quality reference data?

Options:

A.

Only use reference data from government sources

B.

Create drop-down menus for data entry to prevent all invalid data

C.

Implement Data Governance and Stewardship

D.

Only use standard reference data provided by ISO

E.

Only use data from external data providers

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Questions 25

What activity is helpful in mapping source system data for MDM efforts?

Options:

A.

Data profiling

B.

ETL toolset

C.

Process modeling

D.

Data dictionary

E.

Data modeling

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Questions 26

What is a registry as it applies to Master Data?

Options:

A.

An index that points to Master Data in the various systems of record

B.

Any data available during record creation

C.

Reconciled versions of an organization's systems

D.

A starling point for matching and linking new records

E.

A system to identify how data is used for transactions and analytics

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Questions 27

Does anorganizationhave to agree to a single definition for Master Data?

Options:

A.

No. master data can have many definitions

B.

Yes. the key thing is to agree on a standard definition

C.

No. technical data may have many definitions depending on the vendor

D.

No. each department can have their own definitions for master data

E.

No. financial data is master data but the definition is always changing

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Questions 28

Authoritative listings of Master Data entities such as companies, people, and products are known as:

Options:

A.

Canonical directories

B.

Entity directories

C.

Reference directories

D.

Industry directories

E.

Source directories

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Questions 29

When 2 records are not matched when they should have been matched, this condition is referred to as:

Options:

A.

False Positive

B.

A True Positive

C.

A False Negative

D.

A True Negative

E.

An anomaly

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Questions 30

A catalog where products are organized by category is an example of?

Options:

A.

A meronomy

B.

A marketing mix

C.

A taxonomy

D.

A metadata repository

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Exam Code: CDMP-RMD
Exam Name: Reference And Master Data Management Exam
Last Update: Dec 4, 2024
Questions: 100

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