Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

Dama Exam CDMP-RMD Topic 3 Question 1 Discussion

Actual exam question for Dama's CDMP-RMD exam
Question #: 1
Topic #: 3
[All CDMP-RMD Questions]

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

Show Suggested Answer Hide Answer
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)'

by Naomi at Jun 20, 2024, 08:55 AM

Limited Time Offer

25%

Off

Get Premium CDMP-RMD Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Elsa
8 months ago
A) It is more volatile and needs to be highly structured. Hmm, I thought Reference data was supposed to be less volatile than Master data.
upvoted 0 times
...
Alica
8 months ago
C) It always has foreign database keys to link it to other data. I'm not sure that's always true for Reference data, seems a bit too specific.
upvoted 0 times
Terry
8 months ago
D) It is less volatile, less complex, and typically smaller than Master Data sets
upvoted 0 times
...
James
8 months ago
A) It is more volatile and needs to be highly structured
upvoted 0 times
...
...
Flo
8 months ago
E) It provides data for transactions. This is a key characteristic of Reference data that helps distinguish it from Master data.
upvoted 0 times
...
Brent
9 months ago
I think Reference data is less volatile, less complex, and typically smaller than Master Data sets. So, I would choose option D.
upvoted 0 times
...
Glory
9 months ago
D) It is less volatile, less complex, and typically smaller than Master Data sets. This sounds like the most accurate description of Reference data to me.
upvoted 0 times
Leota
7 months ago
E) It provides data for transactions
upvoted 0 times
...
Delmy
7 months ago
B) It is always data from an outside source such as a governing body
upvoted 0 times
...
Winfred
7 months ago
D) It is less volatile, less complex, and typically smaller than Master Data sets
upvoted 0 times
...
Samira
7 months ago
A) It is more volatile and needs to be highly structured
upvoted 0 times
...
Cassandra
8 months ago
D) It is less volatile, less complex, and typically smaller than Master Data sets
upvoted 0 times
...
Jacquelyne
8 months ago
A) It is more volatile and needs to be highly structured
upvoted 0 times
...
...
Leigha
9 months ago
That's a good point, Dallas. It does make sense that Reference data comes from an external source. Maybe I should reconsider my answer.
upvoted 0 times
...
Dallas
9 months ago
I disagree, I believe Reference data is always data from an outside source, like a governing body. Option B seems more fitting to me.
upvoted 0 times
...
Leigha
9 months ago
I think Reference data is more volatile and needs to be highly structured, so I would go with option A.
upvoted 0 times
...

Save Cancel