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Dama Exam CDMP-RMD Topic 2 Question 18 Discussion

Actual exam question for Dama's CDMP-RMD exam
Question #: 18
Topic #: 2
[All CDMP-RMD Questions]

What characteristics does Reference data have that distinguish it from Master Data?

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Suggested Answer: C

Reference data and master data are distinct in several key characteristics. Here's a detailed explanation:

Reference Data Characteristics:

Stability: Reference data is generally less volatile and changes less frequently compared to master data.

Complexity: It is less complex, often consisting of simple lists or codes (e.g., country codes, currency codes).

Size: Reference data sets are typically smaller in size than master data sets.

Master Data Characteristics:

Volatility: Master data can be more volatile, with frequent updates (e.g., customer addresses, product details).

Complexity: More complex structures and relationships, involving multiple attributes and entities.

Size: Larger in size due to the detailed information and numerous entities it encompasses.


Data Management Body of Knowledge (DMBOK), Chapter 7: Master Data Management

DAMA International, 'The DAMA Guide to the Data Management Body of Knowledge (DMBOK)'

Contribute your Thoughts:

Pete
7 days ago
Hmm, I'm not sure. E kinda makes sense - reference data is used for transactions, isn't it? This is a tough one.
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Marguerita
11 days ago
I don't know, B seems pretty convincing too. Isn't reference data usually from external sources?
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Angelyn
23 days ago
I agree with you, Justine. It's definitely less complex and typically smaller than Master Data sets.
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Justine
26 days ago
I think Reference data is more volatile and needs to be highly structured.
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Micah
27 days ago
D seems like the obvious choice here. Reference data is supposed to be less complex and smaller than master data, right?
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Lakeesha
12 days ago
A) It is more volatile and needs to be highly structured
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