Data Assets — Learn free

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Questions 1–10 of 10

1. How are Data Assets defined?
Question 1A. Any hardware on which data is storedB. Anything that generates data for decision-making which ultimately generates revenue for the organisationC. Datasets that are kept purely for complianceD. Data that is not currently in useE. The licences a company holds for its databases
2. Which three artefacts, the "3 Ds", have Data Assets as their perfect business case?
Question 2A. Data Lake, Delta Lake and Data VaultB. Data Mining, Data Science and Deep LearningC. Data Drift, Data Detritus and Dark DataD. DevOps, DataOps and DLOpsE. Data Catalog, Data Dictionary and Data Glossary
3. Why do Data Assets require a Data Catalog, Data Dictionary and Data Glossary?
Question 3A. Because one must know what the data is all about and where it is residingB. Because regulators require all three documentsC. Because they replace the need for a data warehouseD. Because they encrypt the dataE. Because they reduce storage costs automatically
4. Which of the following is NOT listed as an example of a Data Asset in a data-driven company?
Question 4A. DashboardsB. Mobile applicationsC. CampaignsD. Server racksE. Output Excel files
5. Which companies are given as the best examples of businesses that run on their data as an asset?
Question 5A. Oracle, Teradata and MicrosoftB. Databricks, Snowflake and ClouderaC. Facebook, Google and TwitterD. Banks, insurers and regulatorsE. Amazon, Alibaba and Netflix
6. Which action is named as a way to maintain Data Assets by cutting the cost of data management?
Question 6A. Deleting or purging unnecessary dataB. Duplicating data to every departmentC. Moving all data to the operational databaseD. Removing the data catalogE. Storing every dataset in a single format
7. Which of the following is NOT one of the stated ways to maintain Data Assets?
Question 7A. Make maximum value by selling data to generate revenueB. Manage the Data CatalogC. Apply protection and security measuresD. Keep multiple uncontrolled copies of every datasetE. Cut the cost of data management by purging unnecessary data
8. In a nutshell, which datasets count as Data Assets?
Question 8A. Datasets that are stored on the most expensive hardwareB. Datasets which have ROI and are able to generate revenueC. Datasets that have never been accessedD. Datasets held only for audit purposesE. Datasets that are larger than one terabyte
9. For which type of company are Data Assets described as the most valuable artefacts?
Question 9A. Manufacturing companiesB. Companies without a data warehouseC. Government agenciesD. Companies that outsource ITE. Data-driven companies
10. What does "make maximum value out of" a Data Asset mean in practice?
Question 10A. Compress it to save storageB. Restrict access to senior managementC. Sell it to generate revenueD. Convert it to a single file formatE. Archive it to cold storage