Oracle 1Z0-1058-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Financial Reporting Compliance Configuration | 20% | - Manage perspectives and lookups - Import/export risk and control data - Configure pod and security roles |
| Advanced Controls & Transaction Models | 20% | - Simulation and remediation - Advanced access controls setup - Build and configure transaction models |
| Implementation Overview & Best Practices | 10% | - Plan and execute testing - Gather implementation requirements - Data migration and change management |
| Assessment & Result Management | 15% | - Analyze and manage results - Create assessment templates and plans - Run planned and ad-hoc assessments |
| Security & Workflow Configuration | 15% | - Set up review and approval workflows - Manage security policies and access - Troubleshoot common issues |
| Risk & Controls Management | 20% | - Deficiency and issue management - Control testing and certification - Define risks, controls, and frameworks |
Oracle Risk Management Cloud 2021 Implementation Essentials Sample Questions:
Question #1
An assessor is trying to complete an operational assessment on a control for manual AP Invoice entry and is reviewing Prior Results.
Which statement is true about viewing Prior Results for this control?
A. He or she will be able to review results of all prior operational assessments for all controls.
B. He or she will be able to review results of all prior assessments of all types for this control.
C. He or she will be able to review results of all prior assessments of all types for all controls.
D. He or she will be able to review only results of prior operational assessments for this control.
E. He or she will be able to review results of all prior Audit tests and operational assessments for this control.
Question #2
After adding a new control in Financial Reporting Compliance, the control owner clicks Submit. Users with the Control Reviewer and Control Approver roles exist.
Whatis the expected outcome?
A. The control goes into the "In Review" state.
B. The control goes into the "Approved" state.
C. The control goes into the "New" state.
D. The control goes into the "Waiting for Approval" state.
Question #3
Your client is configuring their Test pod (which has no data) and has created their initial import template with controls, test plans, perspectives, and perspective-control mappings. They have used custom list ofvalues for Control Frequency.
Which three tasks must be completed before performing the data import? (Choose three.)
A. Validate that the System ID column is populated correctly.
B. Validate that there are no duplicate worksheet IDs within the same worksheet.
C. Validate that the control-perspective relationship has been created in Manage Module Perspectives.
D. Validate that new lookup values are created for any custom list of values.
E. Validate that all nods on the Perspective Item tab are covered on the Perspective Hierarchy tab.
Question #4
When running Synchronize Transaction from the Data Sources page of Application Configurations, which statement is true when you have two models using invoice and payment business objects?
A. Two jobs will run for the two objects based on transactions dated after the Transaction Created As of Date.
B. One job will run for the two objects based on transactions dated before the Transaction Created As of Date.
C. One job will run for the two objects and the Transaction Created As of Date has no impact on the data.
D. One job will run for the two objects based on transactions dated afterthe Transaction Created As of Date.
Question #5
After generating an XML file export of Advanced Controlsperspectives, you receive a message that the export job has been generated.
What are the three steps you need to perform in order to download and review the formatted export file?
(Choose three.)
A. Click the Export File button.
B. Click the Item Results link.
C. Open with an HTML editor.
D. Open with an XML editor, such as Excel.
E. Navigate to Monitor Jobs and click the message link for the export job.
Solutions:
| Question #1 Correct Answer: E | Question #2 Correct Answer: A | Question #3 Correct Answer: A,D,E | Question #4 Correct Answer: D | Question #5 Correct Answer: A,D,E |
1393 Customer Reviews
Quality and ValueITCertKing Practice Exams are written to the highest standards of technical accuracy, using only certified subject matter experts and published authors for development - no all study materials.
Tested and ApprovedWe are committed to the process of vendor and third party approvals. We believe professionals and executives alike deserve the confidence of quality coverage these authorizations provide.
Easy to PassIf you prepare for the exams using our ITCertKing testing engine, It is easy to succeed for all certifications in the first attempt. You don't have to deal with all dumps or any free torrent / rapidshare all stuff.
Try Before BuyITCertKing offers free demo of each product. You can check out the interface, question quality and usability of our practice exams before you decide to buy.
