CDMP-RMD Dumps Guarantee You Pass CDMP-RMD Exam Easily

Page 1 of 3

1. Master Data Management resolves uncertainty by clearly stating that;

To have master data you must focus resources properly

Some entities [master entities) are more important than others

Only those entities in the Enterprise Data Model are considered Master Data.

All entities arc equal across an enterprise and need to be managed

Data elements must be stored in a repository before they are considered master data

2. A division of power approach to master data governance provides the benefit of:

Better alignment of decisions based on varying levels of organizational data sharing

Spreads the blame for bad decisions

Centralizing responsibility

Lower expense

Facilitating a decision by committee model

3. Depending on the granularity and complexity of what the Reference Data represents. it may be structured as a simple list, a cross-reference or a taxonomy.

True

False

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

Linkage style

Centralized style

Coexistence style

Consolidation style

Registry style

5. A global identifier is used to:

Link two or more equivalent references to the same entity

Link two or more equivalent columns to the same report

Link two or more non-equivalent references to the same entity

Link two or more systems by the same identifier

Link two or more equivalent references to the same system or database

6. Master and Reference Data are forms of:

Data Mapping

Data Quality

Data Architecture

Data Integration

Data Security

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

Data Indexing

Data Acquisition

Data Sharing & Stewardship

Entity Resolution

Data Model Management

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

True

False

9. Which of the following best describes Mister Data?

Master Data is another name for Reference Data

Master Data is data that is mastered by business users

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

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

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

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

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

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

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

Enforcing the use of Master Data values within the organization

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

Page 2 of 3

11. Can Reference data be used for financial trading?

No because customer data is not considered reference data

No. reference data is static, financial data trading is dynamic

No. since financial trades change every second they cannot use reference data

Yes. but only less than 1096 can be used

Yes. an estimated 70% of data being used in financial transactions is reference data

12. A 'Curation Zone' is a data architecture component used to:

Perform advanced analytic

Ingest raw source system data

Validate source system content

Share reference data

Semantically formalize source system content

13. Taxonomic Reference Data enable which of the following?

Content classification and multi-level navigation to support Business Intelligence

The use of canonical models

Having data models physically instantiated in multiple platforms

Key processing steps for MDMs

Source systems named differently than target systems

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

Employee Assignment. Employer. Transaction

Party, Account Balance, Order

Customer, Transaction, Product

Customer, Product, Employee

Product, Order, Inventory

15. What is a trait of a Consolidated style MDM approach?

Access by index

Complex queries

None of these

System of record

Data latency

16. Can the kinds of information treated as master data vary from one industry to another and even from one company to another within the same industry?

Yes. each industry and/or company has their own core master data

No. master data for an industry is always standardized

No. master data is always the same kind of information

17. Every process within a MDM framework includes:

Reference data

Automation of all process tasks

A separate data steward

A degree of governance

Data enrichment

18. An organization chart where a high level manager has department managers with staff and non-managers without staff as direct reports would best be maintained in which of the following?

A fixed level hierarchy

A ragged hierarchy

A reference file

A taxonomy

A data dictionary

19. What MDM style allows data to be authored anywhere?

Consolidation

Centralized style

Persistent

Registry style

Coexistence

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

Encourages sources to onboard their master data to MDM Inventory

Promotes benefits to leadership

All of the above

Helps to grow the base of subscribers

Helps ensure long-term sustainability of program

Page 3 of 3

21. A(n) _____ is used for detailing collaboration principles, escalation, and dispute resolution process between MDM and its data suppliers.

Business Requirements Document

Metadata catalog

Warranty

Operations Run Book

Operational Level Agreement

22. What item listed will be determined by Reference & Master Data governance processes?

Total cost of ownership

Service level agreements

None of these

Data sharing volume and usage

Data change activity

23. Which of the following is NOT an example of Master Data?

A categorization of products

A list of account codes

Planned control activities

A list of country codes

Currency codes

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

Unavailability may impact the business

Must fit the consumers' required use

Need for information about its characteristics

Depletes when pulled from inventory

Has a useful life span

25. The MDM program's governance scope should include:

Internal data subscribers to the master data

Master Data authored in the MDM user interface

External third parties using Master Data

Data sources of the master data Q All of the above

26. Master Data and metadata ran both he used to aggregate dat a. Master Data require* that the organization:

Include its transaction activity data that records details about transactions Only have one set of data as the source data and one set of data as the target data

Identify or develop a trusted version of truth for each of its entities

Create a specific application solution of all the data in that application

Include transaction audit data that describes the state of transactions

27. What is the critical need of any Reference & Master Data effort?

Funding

Metadata

Project Management

Executive Sponsorship

ETL toolset

28. Matching or candidate identification is the process called similarity analysis. One approach is called deterministic which relies on:

Statistical techniques for assessing the probability that any pair of records represents the same entity

Taking data samples and looking at results for a subset of the records

Being able to determine the similarity between two data models

Algorithms for parsing and standardization and on defined patterns and rules for determining similarity

Finding two references that are linked with a single entity

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

Too much emphasis on technology rather than people and process components

All of the above

Poor positioning of MDM program responsibility within the IT organization

Not enough business commitment and engagement

MDM initiative is run as a project rather than a program

30. The MDM process step responsible for determining whether two references to real world objects refer to the same object or different objects is known as:

Data Model Management

Data Acquisition

Entity Resolution

Data Sharing & Stewardship

Data Validation. Standardization, and Enrichment

[email protected]

Mon - Sat 9:00am - 6:00pm

CDMP-RMD Dumps Guarantee You Pass CDMP-RMD Exam Easily

Related

Posts

About Us

EMAIL

Services

Opening Hours