Data Due Diligence — Learn free

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Questions 1–10 of 10

1. What is due diligence, in general terms?
Question 1A. A contract signed after a merger completesB. An enquiry, inspection or assessment carried out to check the evidence or specifics of a matter under attentionC. A report produced by the finance team each quarterD. A technique for anonymising data before sharingE. The process of migrating data to the cloud
2. Which everyday example illustrates due diligence when buying something?
Question 2A. Paying by credit card rather than cashB. Asking a friend for the Wi-Fi passwordC. Checking which country it was made in, whether it is new or used, which company produced it and its qualityD. Returning the item after purchaseE. Comparing delivery times
3. In which long-established business process is due diligence described as a must?
Question 3A. Data profilingB. Payroll processingC. Software testingD. Data warehousingE. Mergers and acquisitions
4. What is Data Due Diligence?
Question 4A. Validating imported data against its sourceB. A check conducted by the acquiring or both parties in a merger or acquisition to make sure the deal is profitable in terms of dataC. Running distinct counts on every column of a datasetD. Encrypting confidential data before a company is soldE. Cataloguing all tables and columns in a database
5. When buying a data-oriented company such as Uber, Amazon or Facebook, what will the buyer chiefly evaluate?
Question 5A. The company's physical assetsB. The company's office locationsC. The company's data assetsD. The number of employeesE. The company's vehicle fleet
6. For which roles is a Data Due Diligence report described as key for decision making?
Question 6A. CDO, CFO and CEOB. Data engineers and testersC. Customers and suppliersD. Project managers and scrum mastersE. Regulators and auditors only
7. Which of the following is NOT listed among the Data Due Diligence processes?
Question 7A. Data ValuationB. Data SynergiesC. Data LiabilitiesD. Data VectorisationE. Data Ownerships
8. Which of these appears in the list of Data Due Diligence processes?
Question 8A. Data Lineage AvailabilityB. Data SyndicationC. Data AggregationD. Data FilteringE. Data Curation
9. Why has Data Due Diligence become relevant to mergers and acquisitions in the recent era?
Question 9A. Because regulators now require it for every purchaseB. Because physical assets no longer have valueC. Because cloud storage has become cheapD. Because data has become one of the most valuable assets of an organisationE. Because auditing software has improved
10. Which pair of items both appear among the Data Due Diligence processes?
Question 10A. Data Filtering and Data SharingB. Canned Data and Canned ReportsC. Scope Creep and Data DriftD. Data Islands and Data SilosE. Data Risk and Data Challenges