DAMA DAMA Certifications DMF-1220 Questions & Answers

• Question 441:

  Value is the difference between the cost of a thing and the benefit derived from that thing.

  A. TRUE

  B. FALSE

  Correct Answer: A

• Question 442:

  Please select the correct general cost and benefit categories that can be applied consistently within an organization.

  A. Cost of erasing data from servers

  B. Cost of improving data

  C. What the data could be sold for

  D. Benefit of higher quality data

  E. Cost of replacing data if it were lost

  F. What competitors would pay for data

  Correct Answer: BCDF

• Question 443:

  Please select the answers that correctly describes where the costs of poor quality data comes from.

  A. Scrap and rework

  B. Organizational conflict

  C. High job satisfaction

  D. High productivity

  E. Reputational costs

  F. Compliance costs

  Correct Answer: ABEF

• Question 444:

  Reduced risk is a benefit of high quality data.

  A. TRUE

  B. FALSE

  Correct Answer: A

• Question 445:

  The better an organization understands the lifecycle and lineage of its data, the better able it will be to manage its data Please select correct implication of the focus of data management on the data lifecycle.

  A. Data Quality must be managed throughout the data lifecycle

  B. Data Security must only be managed at the start of the data lifecycle

  C. Metadata Quality is the most important part of the management process

  D. Data Management efforts should focus on the most critical data last

  Correct Answer: A

• Question 446:

  Please select the answers that correctly describes the set of principles that recognizes salient features of data management and guide data management practice.

  A. Data is an asset with unique properties.

  B. It takes Metadata to manage data.

  C. The most important part of data management is security.

  D. Data management is lifecycle management.

  E. Effective data management requires leadership commitment.

  F. Efficient data management requires a team of IT professionals only.

  Correct Answer: ABCD

• Question 447:

  Time-based patterns are used when data values must be associated in chronological order and with specific time values.

  A. TRUE

  B. FALSE

  Correct Answer: A

• Question 448:

  Please select the correct definition of Data Management from the options below.

  A. Data Management is the strict control of all plans, policies, programs and practices that enable the business strategy to be successfully executed.

  B. Data Management is the development, execution and supervision of plans, policies, programs and practices that deliver, control, protect and enhance the value of data and information assets throughout their lifecycles.

  C. Data Management is the development, execution and supervision of plans, policies, programs and practices that deliver, control, protect and enhance the value of data assets throughout their lifecycles.

  D. Data Management is the development, execution and supervision of plans, policies, programs and practices that deliver, control, protect and enhance the value of information assets throughout their lifecycles.

  Correct Answer: B

• Question 449:

  Data Management Professionals only work with the technical aspects related to data.

  A. TRUE

  B. FALSE

  Correct Answer: B

• Question 450:

  Differentiating between data and information. Please select the correct answers based on the sentence below: Here is a marketing report for the last month [1]. It is based on data from our data warehouse [2]. Next month these results [3] will be used to generate our month-over-month performance measure [4].

  A. [1] Information, [2] Information, [3] Data, [4] Information

  B. [1] Data, [2] Information, [3] Data, [4] Data

  C. [1] Data, [2] Data, [3] Data, [4] Information

  D. [1] Information, [2] Data, [3] Data, [4] Information

  Correct Answer: D