CDS Data Governance & Stewardship Principles 3

Question 1

A data steward is asked to evaluate whether a dataset meets fitness-for-purpose criteria. Which dimension is LEAST relevant to this evaluation?

Accepted Answer

Storage cost per gigabyte

Answer

Storage cost is an infrastructure concern, not a data quality dimension used to assess fitness for a specific business purpose.

Question 2

Which of the following best describes 'data provenance' in a governance context?

Accepted Answer

The documented history of data origin, movement, and transformation

Answer

Data provenance tracks where data originated and all transformations it underwent, supporting auditability and trust.

Question 3

A regulated financial institution must prove that its risk calculations use only approved, validated data. Which governance capability most directly supports this requirement?

Accepted Answer

Data lineage tracking

Answer

Data lineage tracking documents the source, movement, and transformation of data, enabling proof of approved data usage for regulators.

Question 4

The concept of 'data as an asset' implies which of the following governance obligations?

Accepted Answer

Data must be inventoried, valued, and managed throughout its lifecycle

Answer

Treating data as an asset requires formal inventory, valuation, and lifecycle management just like physical or financial assets.

Question 5

An organization notices that critical data elements have no assigned stewards and no documented business rules. This situation is best described as:

Accepted Answer

Data governance debt

Answer

Data governance debt refers to the accumulated deficit of undocumented rules, unassigned ownership, and missing policies that must eventually be remediated.

(CDS) Certified Data Steward Practice Test

(CDS) Certified Data Steward Practice Test

CDS Data Governance & Stewardship Principles 3