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

  1. Employee Assignment. Employer. Transaction
  2. Party, Account Balance, Order
  3. Customer, Transaction, Product
  4. Customer, Product, Employee
  5. Product, Order, Inventory

Answer(s): D

Explanation:

Entities such as Customer, Product, and Employee are typical examples of master data that need to be managed.
Master Data Entities: These are the key data objects around which business transactions are conducted.
Examples:
Customer: Central to sales and service operations.
Product: Essential for inventory and sales management.
Employee: Critical for HR and payroll systems.


Reference:

DAMA-DMBOK: Data Management Body of Knowledge, 2nd Edition.
CDMP Study Guide



_____ are a primary supplier of master data content to a MDM program.

  1. Configuration management database (CMDB)
  2. Systems of record
  3. Business intelligence applications
  4. Data catalog
  5. Point of sale systems

Answer(s): B

Explanation:

Systems of record are primary suppliers of master data content to an MDM program. Systems of Record: These are authoritative data sources that provide consistent and reliable master data.
Role in MDM: They supply accurate and up-to-date master data, ensuring that the MDM system has a solid foundation of information.


Reference:

DAMA-DMBOK: Data Management Body of Knowledge, 2nd Edition.
CDMP Study Guide



What data architecture component is typically used for ingesting raw source system data?

  1. Integration Zone
  2. Landing Zone
  3. Curation Zone
  4. Presentation Zone
  5. Analytics Zone

Answer(s): B

Explanation:

The Landing Zone is typically used for ingesting raw source system data. Data Architecture Component: The landing zone is where raw data from various source systems is initially collected and stored.
Function: It acts as a staging area before the data undergoes further processing, transformation, or analysis.


Reference:

DAMA-DMBOK: Data Management Body of Knowledge, 2nd Edition.
CDMP Study Guide



What is a trait of a Consolidated style MDM approach?

  1. Access by index
  2. Complex queries
  3. None of these
  4. System of record
  5. Data latency

Answer(s): D

Explanation:

In a Consolidated style MDM (Master Data Management) approach, data from multiple source systems is integrated into a single consolidated repository. This consolidated repository acts as the authoritative source for master data, often referred to as the "system of record." The system of record maintains the most accurate, up-to-date, and comprehensive view of master data. Key traits of this approach include:
Centralization: All master data is centralized in one repository, which simplifies data management and governance.
Consistency: Ensures that all users and systems access the same consistent set of master data. Data Quality: Enhances data quality through data cleansing, deduplication, and validation processes. Single Source of Truth: Serves as the definitive source for master data, reducing discrepancies and inconsistencies across the organization.


Reference:

DAMA-DMBOK: Data Management Body of Knowledge, 2nd Edition. "Master Data Management and Data Governance" by Alex Berson and Larry Dubov.






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