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Oracle 1z0-1058-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Financial Reporting Compliance Configuration | 25% | - Initial environment setup - Configure module objects - Manage lookups and flexfields - Data migration and import/export |
| Assessments, Issues and Reporting | 15% | - Track and resolve issues - Generate reports and dashboards - Monitor compliance and controls - Create and manage assessments |
| Risk Management Implementation Requirements | 15% | - Identify key use cases - Gather implementation requirements - Plan security and configuration - Overview of Oracle Risk Management Cloud |
| Security and Access Management | 20% | - Assign users and roles - Security requirements and model - Define job, duty and data roles - Audit and review security |
| Advanced Controls Configuration | 25% | - Configure access controls - Define filters, functions and patterns - Configure financial controls - Manage results and incidents |
Oracle Risk Management Cloud 2023 Implementation Professional Sample Questions:
1. Your client has configured separate roles for control assessor and control assessment reviewer. The control assessor has submitted his or her assessment. The control assessor realizes later that he or she has forgotten to attach a critical test evidence document to the assessment and needs to attach it now.
How can this be accomplished?
A) On the Manage Assessments page, the assessor can select the assessment and click the Reopen button.He or she can then attach the document and resubmit the assessment.
B) The assessor can request the reviewer to reject the assessment. After the assessment is rejected, the assessor can then attach the document and resubmit the assessment.
C) The assessor can request the reviewer to attach the document during the review.
D) On the Assessment tab in the Control definition, the assessor can select the assessment and click the Complete Assessment button. He or she can attach the document and resubmit the assessment.
2. Which three statements are true about the purpose of perspectives? (Choose three.)
A) Perspectives are used to enable data security on Financial Reporting Compliance objects.
B) Perspectives can be used to represent regional hierarchies.
C) Perspectives can be used to define user privileges.
D) Perspectives enable functional security in Financial Reporting Compliance.
E) Perspectives can be used for categorizing Financial Reporting Compliance objects.
3. Which three objects can be related to issues when creating an issue on the Manage Issues page? (Choose three.)
A) Assessments
B) Controls
C) Perspectives
D) Test Plans
E) Processes
F) Risks
4. You have five business units in our company, BU1 through BU5. You want to build a transaction model to identify suppliers who have been paid more than $100,000 USD across all business units except BU5.
Which two filters must be combined? (Choose two.)
A) Add a function filter grouping by "Organization ID" where the sum of "Payment Amount" is greater than 100,000.
B) Add a standard filter where the "Payment" object's "Organization ID" equals BU1, BU2, BU3, BU4.
C) Add a standard filter where the "Payment" object's "Organization ID" equals BU5, and advanced option
"Exclude" is checked.
D) Add a function filter grouping by "Supplier ID" where the sum of "Payment Amount" is greater than
100,000.
E) Add a standard filter where the "Payment" object's "Organization ID" is equal to itself.
5. Your client has three operating units.
What are two ways in which you can exclude an operating unit where there are not enough personnel to allow segregation of duties? (Choose two.)
A) Navigate to the Create Access Global Condition page and create a new condition logic filter, select the within same operating unit attribute, select the value yes, and then perform your exclusion though the advanced options check box.
B) In a model, create a new condition logic filter, select the within same operating unit attribute, select the value yes, and then perform your exclusion though the advanced options check box.
C) In a model, create a new condition logic filter, select the operating unit attribute and select the operating unit value.
D) In a model, create a new condition logic filter, select the operating unit attribute, select the operating unit value, and then perform an exclusion though the advanced options check box.
E) Navigate to the Create Access Global Condition page and create a new condition logic filter, select the operating unit attribute, select the operating unit value, and then perform an exclusion though the advanced options check box.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A,B,E | Question # 3 Answer: A,B,F | Question # 4 Answer: B,D | Question # 5 Answer: D,E |






