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Oracle 1z0-1058-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Financial Reporting Compliance | 20-25% | - Controls and Certifications
|
| Topic 2: Transaction Controls | 20-25% | - Transaction Monitoring
|
| Topic 3: Risk Management Cloud Overview | 10-15% | - Risk Management Cloud Architecture
|
| Topic 4: Advanced Access Controls | 25-30% | - Access Models
|
| Topic 5: Reporting and Administration | 5-10% | - System Management
|
| Topic 6: User Access Certification | 10-15% | - Certification Campaigns
|
Oracle Risk Management Cloud 2023 Implementation Professional Sample Questions:
Question #1
Which two steps are required to set up two levels of approval for new controls, which are added after the initial import? (Choose two.)
A. Identify the organizations or business units for which users will perform review or approval.
B. Identify the other roles to be provided for control managers.
C. Identify users who will perform control review and approval.
D. On the Controls tab of the Import template, set the control state to NEW for each control record.
Question #2
You are implementing Advanced Access Controls for a client who wants to limit the seeded job role
"Application Access Auditor". This job role should NOT include system configuration duties, but allows the user to monitor jobs schedules for Advanced Controls.
After the seeded job role is copied, that two duty roles should be removed to comply with the access restrictions? (Choose two.)
A. Advanced Control System Administrator
B. Application Data Source Manager
C. Access incident Results Manager
D. Access Model Manager
E. Access Control Manager
Question #3
At the last step of initiating assessments, the assessment manager sees who the assessment participants are (to complete, review, and approve the assessments). If the assessment manager wants to change the participant, who completes the assessment, what should he or she do?
A. Request the administrator to assign Data Security Policies with correct perspectives to the Assessor's job role.
B. Modify the perspective hierarchy in the last step of initiating assessments.
C. Modify the participant list in the last step of initiating assessments.
D. It is not possible to change the participants after Data Security Policies are assigned.
E. Request the administrator to change the Perspective in Data Security Policy for the Control Manager's job role.
Question #4
Which three statements are true about the purpose of perspectives? (Choose three.)
A. Perspectives enable functional security in Financial Reporting Compliance.
B. Perspectives are used to enable data security on Financial Reporting Compliance objects.
C. Perspectives can be used to represent regional hierarchies.
D. Perspectives can be used for categorizing Financial Reporting Compliance objects.
E. Perspectives can be used to define user privileges.
Question #5
You have two segregation of duties requirements:
1) a user can access either the supplier creation pages or the invoice pages, but not both.
2) a user can access either the invoice creation pages or the payment creation pages, but not both.
How must these requirements be met in Advanced Access Controls?
A. Construct one entitlement: "Create Supplier & Create Invoice & Create Payment"
B. Construct one model with three condition filters where the Function Name Equals "Create Supplier",
"Create Invoice" and "Create Payment"
C. Construct three controls, and create controls based on the models: "Create Supplier & Create Invoice",
"Create Invoice & Create Payment", "Create Supplier & Create Payment"
D. Construct one model: "Create Supplier & Create Invoice & Create Payment"
E. Construct two models, and create controls based on the models: "Create Supplier & Create Invoice",
"Create Invoice & Create Payment"
Solutions:
| Question #1 Correct Answer: A,C | Question #2 Correct Answer: A,E | Question #3 Correct Answer: C | Question #4 Correct Answer: B,C,D | Question #5 Correct Answer: E |


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