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Questions 1–10 of 10

1. For what purpose are Data Rooms normally used?
Question 1A. Due diligence of confidential documents, such as business mergers or acquisitions handled by bidders, advisers, and compliance and audit teamsB. Storing semi-structured and unstructured data for analyticsC. Running transactional and analytical workloads on one systemD. Preserving customer history for seven years after account closureE. Hosting Hadoop clusters with hundreds of data nodes
2. What is the relationship between a Data Room and a Datastore?
Question 2A. A Datastore is a small section within a Data RoomB. They are both the same entityC. A Data Room is always physical and a Datastore is always virtualD. A Datastore contains only structured data while a Data Room contains only documentsE. They are unrelated concepts from different disciplines
3. Which of the following is NOT stated about traditional Physical Data Rooms?
Question 3A. They hold physical documentsB. They are for restricted people only and are secured by guardsC. Any number of parties may use them simultaneouslyD. A maximum of one or two parties may go in at any given point in timeE. Multiple teams had to fly over to be near them, which was very expensive
4. What does VDR stand for in the context of Data Rooms?
Question 4A. Verified Document RegisterB. Vendor Due-diligence ReportC. Volume Data RepositoryD. Virtual Data RoomE. Validated Data Record
5. How are Virtual Data Rooms (VDRs) made available?
Question 5A. On paper, inside a guarded buildingB. On removable media couriered to each bidderC. Through public websites with no loginD. Only on the seller's local networkE. Online, behind firewalls and with proper access control
6. How have Virtual Data Rooms changed the bid process?
Question 6A. Sellers can invite a bigger audience, and teams in one part of the world can take part in a bid happening in another part of the worldB. Bidders must now travel to the seller's country to review documentsC. Only one bidder at a time may access the documentsD. Documents may now be freely copied and forwarded to advisersE. The bid process has become slower but more secure
7. Which activities are NOT allowed in a Virtual Data Room, mirroring the rule that nothing may be taken out of a Physical Data Room?
Question 7A. Reading and reviewing documentsB. Copying, forwarding and printing documentsC. Logging in from another countryD. Inviting advisers to review documentsE. Reviewing documents behind a firewall
8. Why are Virtual Data Rooms still not acceptable in some countries?
Question 8A. Because they are too expensive to licenseB. Because firewalls are prohibited by local lawC. Because the data can be so confidential that a cyber-attack and leakage could result in political instability or similar scenariosD. Because bidders in those countries prefer to travelE. Because printing documents is mandatory for audits
9. Which two effects did Virtual Data Rooms have on the due diligence process compared with Physical Data Rooms?
Question 9A. Increased cost and slowed the processB. Increased cost but expedited the processC. Cut cost but slowed the processD. Cut cost and expedited the processE. Left cost and speed unchanged
10. When the Data Room concept is related to IT projects, what can be called a Data Room?
Question 10A. The project's source code repositoryB. The project's test databaseC. The project's Hadoop clusterD. The project's email distribution listE. The shared drives used for the project's confidential documents