Reference and Master Data Management follow these guiding principles:
A. Quality
B. Stewardship
C. Authority
D. Ownership
E. Exclusivity
F. Inclusivity
Master data is an aggregation of:
A. Transaction Structure Data
B. Database Structure Data
C. Reference Data
D. Enterprise Structure Data
Reference data management entails the preventative maintenance of undefined domain values, definitions and the relationship within and across domain values.
A. TRUE
B. FALSE
SOR Stands for:
A. Service of Record
B. System of Record
C. System on Record
D. Service over Record
A System of Reference is an authoritative system where data consumers can obtain reliable data to support transactions and analysis, even if the information did not originate in the system reference.
A. TRUE
B. FALSE
A `Golden Record' means that it is always a 100% complete and accurate representation of all entities within the organization.
A. TRUE
B. FALSE
Master data management includes several basic steps, which include: Develop rules for accurately matching and merging entity instances.
A. TRUE
B. FALSE
Through similarity analysis, slight variation in data can be recognized and data values can be consolidated. Two basic approaches, which can be used together, are:
A. Realistic
B. Opportunistic
C. Deterministic
D. Probabilistic
E. Procedural
F. All of the above
Two risks with the Matching process are:
A. False positives
B. False Certainties
C. False Negatives
D. False Uncertainties
An image processing system captures, transforms and manages images of paper and electronic documents.
A. TRUE
B. FALSE
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