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Reference And Master Data Management Exam

Last Update 5 days ago
Total Questions : 100

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Question # 1

When establishing a MOM. what is the benefit of doing data profiling?

Options:

A.  

Analyze data values and see how closely they correspond to a defined set of valid values

B.  

Develop data migration approach

C.  

Manage the design of the data warehouse

D.  

Develop batch data flows for a scheduler

E.  

Develop services to access, transform and deliver data

Discussion 0
Question # 2

Why is a historical perspective ofMaster Data important?

Options:

A.  

Provides an audit trail

B.  

May be required in litigation cases

C.  

Attributes about Master Data subjects evolve over time

D.  

Enables business analytics to determine the root cause of behavioral changes

E.  

All of the above

Discussion 0
Question # 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.

Options:

A.  

True

B.  

False

Discussion 0
Question # 4

Which of the following is NOT ,1 characteristic of n deterministic matching algorithm?

Options:

A.  

Is better suited when there is no great consequence to an error in matching

B.  

Is not highly dependent on the quality of the data being matched

C.  

Has a discrete all or nothing outcome

D.  

Matches exact character to character of one or more fields

E.  

All identifiersbeing matched have equal weight

Discussion 0
Question # 5

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

Discussion 0
Question # 6

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

Discussion 0
Question # 7

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

Discussion 0
Question # 8

Location related attributes used exclusively by a group of Financial applications are considered as:

Options:

A.  

Reference Data

B.  

Metadata

C.  

Application Suite Master Data

D.  

Application Master Data

E.  

Enterprise Master Data

Discussion 0
Question # 9

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?

Options:

A.  

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

B.  

No. master data for an industry is always standardized

C.  

No. master data is always the same kind of information

Discussion 0
Question # 10

The easiest MDM style to implement data governance based on controls that can be placed on persistent data is:

Options:

A.  

Registry style

B.  

Consolidation style

C.  

Agile Style

D.  

Centralized style

E.  

Multi-hub

Discussion 0
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