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

According to DMBOK2, which guiding principle for Reference and Master Data states that master data values should be replicated only from the system of record?

• AA. Quality
• BB. Authority
• CC. Stewardship
• DD. Controlled Change
• EE. Shared Data

A utility is building a customer master from four billing and CRM systems, each of which holds customer addresses. Which activity should the team perform to decide which source supplies the authoritative address values?

• AA. Establish the match rules and thresholds used to identify duplicates
• BB. Model the master data entities in the enterprise data model
• CC. Evaluate the data sources for quality, completeness and reliability
• DD. Define the architectural approach for the master data hub
• EE. Define the data sharing agreements with the downstream consumers

In reference data management, a crosswalk is used to:

• AA. Hold the history of every change made to a code value over time
• BB. Group related codes into the levels of a hierarchy for reporting
• CC. Map equivalent values between code sets used by different systems or standards
• DD. Rank competing source records to decide which value survives in the golden record
• EE. Control which users may view or maintain each reference data set

A data sharing agreement for master data typically documents which of the following?

• AA. The training plan and communication schedule for the stewardship community
• BB. The physical data model and indexing strategy of the repository that stores the master data
• CC. The match rules and survivorship logic that are used to build each golden record
• DD. Terms of use, access methods, quality expectations and responsibilities of the provider and consumers
• EE. The licence cost and vendor support terms of the platform that runs the master data hub

Which of the following is a typical responsibility of data stewards in reference and master data governance?

• AA. Reviewing suspected duplicate records that the matching engine cannot resolve automatically
• BB. Approving the annual budget and staffing plan for the master data programme
• CC. Setting the backup schedule and retention period for the hub database
• DD. Writing the integration code that loads source system records into the hub
• EE. Selecting the database platform and hardware on which the master data hub will run

A distributor's integration team maintains separate code mappings for product categories between its ERP, warehouse and e-commerce systems. Each new system adds more mappings and more testing effort. Which business driver for reference and master data management does this situation BEST illustrate?

• AA. Meeting organisational data requirements
• BB. Supporting real-time transaction processing
• CC. Managing the costs of data integration
• DD. Managing data quality
• EE. Reducing the risk of regulatory penalties

A retailer's customer hub uses probabilistic matching. The data stewards lower the match threshold from 0.90 to 0.75. Which result should they expect?

• AA. Fewer false positives and more false negatives
• BB. More false positives and more false negatives
• CC. Fewer false positives and fewer false negatives
• DD. Different survivorship results but the same matches
• EE. Fewer false negatives and more false positives

A standards body announces that a code in a widely used reference data set will be retired next quarter. Several internal applications and reports use the code. What should the data steward do FIRST?

• AA. Ask each application team to update its local code list
• BB. Identify the systems and reports that use the code
• CC. Mark the code as inactive in the central code table
• DD. Delete the code from the central code table
• EE. Notify consumers that the code is retired

Sales and Finance define "active customer" differently. The customer hub needs one enterprise definition for the customer status attribute, and the MDM team has asked who should resolve the conflict. Which approach is BEST?

• AA. The MDM technical team selects the definition that best fits the hub's data model
• BB. The Sales data stewards apply their definition as the unit that captures customers first
• CC. The data governance council decides with both units' data owners and publishes the result
• DD. The business unit that creates most customer records sets the definition for the enterprise
• EE. The enterprise architect chooses the definition used in the existing enterprise data model

Which of the following BEST describes a cultural change that Reference and Master Data Management typically requires?

• AA. Application owners keep local copies of master data and reconcile them each month
• BB. Each project team defines its own reference values to meet its delivery dates
• CC. Data stewardship is limited to the initial load and migration of master data
• DD. Business units give up some local control of data and processes to create shared resources
• EE. IT takes responsibility for the business meaning and quality of master data