Q1. The format and allowable ranges of Master Data values are dictated by:
A.Business rules
B. Semantic rules
C. Processing rules
D. Engagement rules
E. Database limitations
Correct Answer: A
Q2. Which of the following is NOT an example of Master Data?
A.A categorization of products
B. A list of account codes
C. Planned control activities
D. A list of country codes
E. Currency codes
Correct Answer: C
Q3. Every process within a MDM framework includes:
A.Reference data
B. Automation of all process tasks
C. A separate data steward
D. A degree of governance
E. Data enrichment
Correct Answer: D
Q4. Which of the following reasons is a reason why MDM programs are often not successful?
A.Too much emphasis on technology rather than people and process components
B. All of the above
C. Poor positioning of MDM program responsibility within the IT organization
D. Not enough business commitment and engagement
E. MDM initiative is run as a project rather than a program
Correct Answer: B
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