Free DMF-1220 Exam Braindumps
Data Management Fundamentals Questions 161–165 (page: 34)

Updated On: 10-Feb-2026

Reference and Master data definition: Managing shared data to meet organizational goals, reduce risks associated with data redundancy, ensure higher quality, and reduce the costs of data integration.

  1. TRUE
  2. FALSE

Answer(s): A



The most common drivers for initiating a Mater Data Management Program are:

  1. Metadata insecurity
  2. Managing data quality
  3. Reducing risk
  4. Managing the costs of data integration
  5. Meeting organizational data requirements
  6. Reducing latency

Answer(s): B,C,D,E



A goal of reference and master data is to provide authoritative source of reconciled and quality- assessed master and reference data.

  1. TRUE
  2. FALSE

Answer(s): A



Reference and Master Data Management follow these guiding principles:

  1. Quality
  2. Stewardship
  3. Authority
  4. Ownership
  5. Exclusivity
  6. Inclusivity

Answer(s): A,B,C,D



Master data is an aggregation of:

  1. Transaction Structure Data
  2. Database Structure Data
  3. Reference Data
  4. Enterprise Structure Data

Answer(s): A,C,D



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