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Dama CDMP-RMD Exam - Topic 6 Question 26 Discussion

Actual exam question for Dama's CDMP-RMD exam
Question #: 26
Topic #: 6
[All CDMP-RMD Questions]

Is there a standard tor defining and exchanging Master Data?

Show Suggested Answer Hide Answer
Suggested Answer: A

ISO 22745 is an international standard for defining and exchanging master data.

ISO 22745:

This standard specifies the requirements for the exchange of master data, particularly in industrial and manufacturing contexts.

It includes guidelines for the structured exchange of information, ensuring that data can be shared and understood across different systems and organizations.

Standards for Master Data:

Standards like ISO 22745 help ensure consistency, interoperability, and data quality across different platforms and entities.

They provide a common framework for defining and exchanging master data, facilitating smoother data integration and management processes.

Other Options:

ETL: Refers to the process of Extract, Transform, Load, used in data integration but not a standard for defining master data.

Corporation-specific Methods: Many organizations may have their own methods, but standardized frameworks like ISO 22745 provide a common foundation.

No Standards: While not all organizations use master data, standards do exist for those that do.


ISO 22745 Documentation

DAMA-DMBOK (Data Management Body of Knowledge) Framework

CDMP (Certified Data Management Professional) Exam Study Materials

Contribute your Thoughts:

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Tamekia
2 months ago
No standards? That sounds hard to believe!
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Gerald
2 months ago
ETL is more about data processing, not a standard.
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Daniela
3 months ago
I disagree, every company has its own way of handling data.
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Isabelle
3 months ago
Wait, I thought everyone used Master Data?
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Yolando
3 months ago
ISO 22745 is the standard for Master Data.
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Boris
3 months ago
I’m pretty certain that there are no universal standards for Master Data, but I can't recall the specifics of why that is.
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Gaston
4 months ago
ETL sounds familiar, but I don't think it's a standard for defining Master Data. I might be mixing it up with data integration processes.
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Ariel
4 months ago
I feel like I've seen questions like this before, and I lean towards option B. It seems like every company has its own way of handling Master Data.
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Sue
4 months ago
I think I remember something about ISO 22745 being a standard for data exchange, but I'm not entirely sure if it specifically applies to Master Data.
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Maurine
4 months ago
I'm not entirely sure about the answer, but I think the key is to focus on whether there are any widely recognized standards or if companies tend to use their own approaches. I'll need to weigh the options carefully.
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Coral
4 months ago
Okay, let me think this through. I know that ETL (extract, transform, load) is a common process for managing data, but I'm not sure if that's considered a standard for master data specifically.
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Rene
5 months ago
I'm a bit confused by this question. I'm not sure if there's a standard for defining and exchanging master data, or if companies just use their own methods.
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Refugia
5 months ago
I'm pretty sure I remember learning about ISO 22745 in one of my classes, so I'm leaning towards option A.
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Miesha
5 months ago
Hmm, this is a tricky one. I'll need to think carefully about the different options and consider what I know about master data and data standards.
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Kenneth
10 months ago
D) No standards? Sounds like a master data anarchy. Where's the fun in that?
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Iraida
8 months ago
C) Yes. it is called ETL
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Staci
8 months ago
D) No standards? Sounds like a master data anarchy. Where's the fun in that?
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Marya
9 months ago
A) Yes, ISO 22745
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Lisha
10 months ago
C) ETL? More like 'Endless Trouble and Laughter' when it comes to master data standards.
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Lindy
9 months ago
C) ETL? More like 'Endless Trouble and Laughter' when it comes to master data standards.
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Mozell
9 months ago
B) No. every corporation uses their own method
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Kenneth
9 months ago
A) Yes, ISO 22745
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Alecia
10 months ago
I think having a standard like ISO 22745 would be beneficial for consistency and efficiency.
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Latrice
10 months ago
I disagree, I believe every corporation uses their own method.
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Yvonne
11 months ago
B) No way, everyone has their own secret sauce. It's like a master data free-for-all!
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Reynalda
9 months ago
C) Yes. it is called ETL
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Floyd
10 months ago
A) Yes, ISO 22745
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Lillian
11 months ago
A) ISO 22745 is the way to go. It's like the secret handshake of master data management.
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Luis
11 months ago
I think the standard for defining and exchanging Master Data is ISO 22745.
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