Quiz Summary
0 of 36 Questions completed
Questions:
Information
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You must first complete the following:
Results
Results
0 of 36 Questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
Categories
- Master and Reference Data Management 0%
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26
- 27
- 28
- 29
- 30
- 31
- 32
- 33
- 34
- 35
- 36
- Current
- Review
- Answered
- Correct
- Incorrect
-
Question 1 of 36
1. Question
What are some reasons and potential issues that inevitably arise which propel organisations to adopt better Master and Reference data practices?
CorrectIncorrect -
Question 2 of 36
2. Question
What is a common business driver for initiating a Master Data Management program?
CorrectIncorrect -
Question 3 of 36
3. Question
What is NOT a goal of a Master and Reference data management programme?
CorrectIncorrect -
Question 4 of 36
4. Question
Which statement is NOT accurate about the differences between Master data and Reference data?
CorrectIncorrect -
Question 5 of 36
5. Question
Master Data has been given many definitions to describe what it is. Which of these statements does NOT represent what master data is?
CorrectIncorrect -
Question 6 of 36
6. Question
How are reference data usually structured?
CorrectIncorrect -
Question 7 of 36
7. Question
What is the key difference between Internal Reference data and Industry Reference data?
CorrectIncorrect -
Question 8 of 36
8. Question
Which of these is NOT a type of master data?
CorrectIncorrect -
Question 9 of 36
9. Question
Which of these is an authoritative system where data is created/captured, and/or maintained through a defined set of rules and expectations?
CorrectIncorrect -
Question 10 of 36
10. Question
Which of these are steps to take when planning for MDM?
CorrectIncorrect -
Question 11 of 36
11. Question
After going through a cleansing process, an outlier customer record has a phone number that has the wrong format for the country code. This has now been updated to correct the country code format. This process is known as:
CorrectIncorrect -
Question 12 of 36
12. Question
Entity resolution is the process of determining whether two references to real world objects refer to the same object or to different objects. What activities are involved in the process of entity resolution?
CorrectIncorrect -
Question 13 of 36
13. Question
Matching is the process of identifying how different records may relate to a single entity. One approach is to analyse the similarity between 2 records using defined rules and patterns to assign weights and scores that help determine the similarity. This is known as:
CorrectIncorrect -
Question 14 of 36
14. Question
Which of these is NOT a challenge particular to managing business party Master Data?
CorrectIncorrect -
Question 15 of 36
15. Question
Which type of product Master Data solution is best if you need to focus on SKUs down to the inventory level?
CorrectIncorrect -
Question 16 of 36
16. Question
Which approach to creating a Master Data hub has Master Data managed in local applications, which is then consolidated within a common repository and made available from a data-sharing hub?
CorrectIncorrect -
Question 17 of 36
17. Question
Which of these is NOT an activity for reference and master data management?
CorrectIncorrect -
Question 18 of 36
18. Question
What should be done when evaluating and assessing data sources as part of a Master Data project?
CorrectIncorrect -
Question 19 of 36
19. Question
Which of this is NOT a valid reason to define a proper stewardship process for Reference and Master data management?
CorrectIncorrect -
Question 20 of 36
20. Question
What need NOT be taken into account when deciding the integration approach for master data management?
CorrectIncorrect -
Question 21 of 36
21. Question
Data is monitored as it flows within a Master or Reference data sharing environment so that we can:
CorrectIncorrect -
Question 22 of 36
22. Question
Which body should be in charge of ensuring policies and procedures are implemented in order to handle changes to data within the Reference and Master Data environment?
CorrectIncorrect -
Question 23 of 36
23. Question
What is NOT a part of the process for reference data change management?
CorrectIncorrect -
Question 24 of 36
24. Question
Data Sharing Agreements are often used to enforce proper access and use of master and reference data shared across the organisation. Who should drive this effort?
CorrectIncorrect -
Question 25 of 36
25. Question
Reference and Master Data require governance and stewardship. The Data Governance processes decide:
CorrectIncorrect -
Question 26 of 36
26. Question
There are metrics that are often used to measure the quality of Master and Reference data to support MDM efforts. Which of these is NOT a suitable measurement?
CorrectIncorrect -
Question 27 of 36
27. Question
Reference data:
CorrectIncorrect -
Question 28 of 36
28. Question
Which of these is a valid definition of Reference Data?
CorrectIncorrect -
Question 29 of 36
29. Question
Plant Equipment is an example of:
CorrectIncorrect -
Question 30 of 36
30. Question
Reference Data:
CorrectIncorrect -
Question 31 of 36
31. Question
Master Data Management:
CorrectIncorrect -
Question 32 of 36
32. Question
Which of the following is NOT a primary Master Data Management area of focus?
CorrectIncorrect -
Question 33 of 36
33. Question
A valid argument for pursuing a Reference Data and/or Master Data management program is:
CorrectIncorrect -
Question 34 of 36
34. Question
How does Master data differ from Reference data?
CorrectIncorrect -
Question 35 of 36
35. Question
Which of these is a correct definition of Master Data?
CorrectIncorrect -
Question 36 of 36
36. Question
Which of these is a driver to begin a Reference Data Management program?
CorrectIncorrect