Dama Exam CDMP-RMD Topic 4 Question 3 Discussion

Actual exam question for Dama's CDMP-RMD exam

Question #: 3
Topic #: 4

[All CDMP-RMD Questions]

Which of the following is NOT an example of Master Data?

AA categorization of products

BA list of account codes

CPlanned control activities

DA list of country codes

ECurrency codes

Show Suggested Answer

Suggested Answer: C

Planned control activities are not considered master data. Here's why:

Master Data Examples:

Categories and Lists: Master data typically includes lists and categorizations that are used repeatedly across multiple business processes and systems.

Examples: Product categories, account codes, country codes, and currency codes, which are relatively stable and broadly used.

Planned Control Activities:

Process-Specific: Planned control activities pertain to specific actions and checks within business processes, often linked to operational or transactional data.

Not Repeated Data: They are not reused or referenced as a stable entity across different systems.

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 Mitsue at Jun 24, 2024, 08:47 AM

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Deangelo

5 months ago

Wait, are they testing our knowledge of accounting terms or just our common sense? Planned control activities, really?

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Helaine

5 months ago

I'm torn between A and B, but I think A is the best answer. Product categorization is definitely master data.

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Eliz

5 months ago

Yeah, I think planned control activities is the correct answer.

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Carman

5 months ago

I agree, product categorization is definitely master data.

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Loren

5 months ago

Planned control activities are more related to operational data that changes frequently, unlike Master Data which is more static and reference-like.

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Willow

6 months ago

I'm not sure about this. Can someone explain why C) Planned control activities is not considered Master Data?

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Viva

6 months ago

I agree with Alfred. Master Data is more about static reference data like A) categorization of products or D) A list of country codes.

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Catherin

6 months ago

Hmm, E seems like the obvious choice. Currency codes are classic master data, used in finance and accounting.

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Lavelle

5 months ago

I see your point, but I still think E is the odd one out. Currency codes are definitely considered Master Data.

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Refugia

5 months ago

Actually, I believe the correct answer is C. Planned control activities are not part of Master Data.

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Carmen

5 months ago

I think C is the answer, planned control activities are not typically considered Master Data.

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Nenita

5 months ago

I agree, E is definitely not the correct answer.

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Luis

6 months ago

I'm going with D. Country codes are definitely master data, they're essential for business operations.

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Linwood

5 months ago

I agree with you, C seems like the right choice.

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Maryann

5 months ago

I think C is the correct answer. Planned control activities are not considered Master Data.

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Alfred

6 months ago

I think C) Planned control activities is not an example of Master Data.

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Iesha

6 months ago

Option C seems a bit out of place here. Planned control activities? That's more like an internal control, not master data.

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Lynelle

5 months ago

Yeah, I would go with option C as well. It doesn't fit the definition of master data.

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Vincent

5 months ago

Definitely, planned control activities are not typically considered master data.

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Glen

5 months ago

I agree, option C does seem out of place. It's more related to internal controls.

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Isaac

5 months ago

E) Currency codes

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Francoise

5 months ago

D) A list of country codes

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Wenona

5 months ago

C) Planned control activities

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Enola

6 months ago

B) A list of account codes

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Eric

6 months ago

A) A categorization of products

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