All organizations have the same Master Data Management Drivers and obstacles.

1. A. TRUE
2. B. FALSE

Correct Answer: B

DMMA ratings represent a snapshot of the organization??s capability level.

1. A. TRUE
2. B. FALSE

Correct Answer: A

Master data management includes several basic steps, which include: Develop rules for accurately matching and merging entity instances.

1. A. TRUE
2. B. FALSE

Correct Answer: A

Several global regulations have significant implications on data management practices. Examples include:

1. A. BCBS 239
2. B. Data Standards
3. C. Privacy laws
4. D. Effectiveness of education Standards
5. E. SPCA
6. F. PCI-DSS

Correct Answer: ACF

A goal of reference and master data is to provide authoritative source of reconciled and quality-assessed master and reference data.

1. A. TRUE
2. B. FALSE

Correct Answer: A