DAMA CDMP-RMD Reference And Master Data Management Exam Online Training
DAMA CDMP-RMD Online Training
The questions for CDMP-RMD were last updated at Apr 08,2025.
- Exam Code: CDMP-RMD
- Exam Name: Reference And Master Data Management Exam
- Certification Provider: DAMA
- Latest update: Apr 08,2025
Master Data is similar to a physical product produced and sold by a company except for which of the following characteristics?
- 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
Which of the following Is a characteristic of a probabilistic matching algorithm?
- A . A score is assigned based on weight and degree of match
- B . Each variable to be matched is assigned a weight based on its discriminating power
- C . Individual attribute matching scores arc used to create a match probability percentage.
- D . All answers are correct
- E . Following the matching process there are typically records requiring manual review and decisioning.
The ISO definition of Master Data quality is which of the following?
- 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
Where is the most time/energy typically spent tor any MDM effort?
- A . Subscribing content from the MDM environment
- B . Designing the Enterprise Data Model
- C . Vetting of business entities and data attributes by Data Governance process
- D . Publishing content to the MDM environment
- E . Securing funding for the MDM effort
Can Reference data be used for financial trading?
- A . No because customer data is not considered reference data
- B . No. reference data is static, financial data trading is dynamic
- C . No. since financial trades change every second they cannot use reference data
- D . Yes. but only less than 1096 can be used
- E . Yes. an estimated 70% of data being used in financial transactions is reference data
ISO 8000 is a Master Data international standard tor what purpose?
- A . Provides a standard format for defining a model for a data dictionary
- B . Provide guidance only to the Buy side of the supply chain
- C . To replace the ISO 9000 standard
- D . Define and measure data quality
- E . Defines a format to exchange data between parties
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 . A fixed level hierarchy
- B . A ragged hierarchy
- C . A reference file
- D . A taxonomy
- E . A data dictionary
Matching or candidate identification is the process called similarity analysis. One approach is called deterministic which relies on:
- A . Statistical techniques for assessing the probability that any pair of records represents the same entity
- B . Taking data samples and looking at results for a subset of the records
- C . Being able to determine the similarity between two data models
- D . Algorithms for parsing and standardization and on defined patterns and rules for determining similarity
- E . Finding two references that are linked with a single entity
What statement is NOT correct as a key point of a MDM program?
- A . Must continually prove and promote its accomplishments and benefits
- B . Program funding requirements typically grow over time as the data inventory grows
- C . Has an indefinite life span
- D . Should be in scope for Big Data and loT initiatives
- E . Can be effectively created and managed long-term using the same methodology
Taxonomic Reference Data enable which of the following?
- A . Content classification and multi-level navigation to support Business Intelligence
- B . The use of canonical models
- C . Having data models physically instantiated in multiple platforms
- D . Key processing steps for MDMs
- E . Source systems named differently than target systems