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Oracle 1Z0-958 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Advanced Access Controls | - Segregation of Duties (SoD)
|
| Topic 2: Risk Management Cloud Overview | - Introduction to Oracle Risk Management Cloud
|
| Topic 3: Advanced Financial Controls | - Transaction Controls
|
| Topic 4: Risk Analysis and Reporting | - Reporting Tools
|
Oracle Risk Management Cloud 2018 Sample Questions:
Your client has subscribed to Financial Reporting Compliance and would like to address risks using treatment plans.
Which option shows the settings that will help in achieving this configuration?
- A. Configure Module Objects > Edit Risk Object Configuration > Result = Show
- B. Configure Module Objects > Edit Risk Object Configuration > Treatment = Hide and Default
- C. Configure Module Perspectives > Edit Financial Reporting Compliance > Risk-Organization mapping set to required, active.
- D. Configure Module Objects > Edit Risk Object Configuration > Treatment = Show
- E. Configure Module Objects > Edit Control Object Configuration > Result = Show
Correct Answer: E 🗳️
Which two activities can be performed using Financial Reporting Compliance? (Choose two.)
- A. Review and approve the accuracy and completeness of control descriptions.
- B. Review control assessment results, along with any effectiveness issues found.
- C. Conduct intuitive audits of general ledger balances with journal details.
- D. Gain real-time access to live financial data and proactively resolve issues.
- E. Continuously monitor financial transactions and role-based remediation of transaction incidents.
- F. Provide self-service access to reporting and analysis against financial transactions.
Correct Answer: A,E 🗳️
Your client has asked you to define a transaction model to identify duplicate invoices based on Invoice Numbers and Invoice Amounts.
Which two standard filters can be combined to accomplish this? (Choose two.)
- A. The "Payables Invoice" object's "Invoice ID" is similar to the "Payables Invoice" object's "Invoice Number".
- B. The "Payables Invoice" object's "Invoice Number" is equal to itself.
- C. The "Payables Invoice" object's "Invoice Amount" is equal to itself.
- D. The "Payables Invoice" object's "Invoice Number" is equal to the "Payables Invoice" object's "Invoice ID."
- E. The "Payables Invoice" object's "Supplier ID" does not equal itself.
Correct Answer: D,E 🗳️
Select three fields that are required to create an impromptu assessment. (Choose three.)
- A. Due Date
- B. Template
- C. Reviewer
- D. Name
- E. Activity
- F. Perspectives
Correct Answer: A,B,D 🗳️
The GRC Business owner responsible for reviewing and investigating access incidents related to the "Order to Cash" perspective does not see any worklists for the generated results. You have validated that:
1. Other business owners are able to view their assigned worklists without any problem
2. Incidents have been generated for the controls related to Order to Cash
3. The business owner's assigned roles contain the correct functional privileges and data access to the correct perspective values What is the reason the business owner cannot see any worklists for the generated incidents?
- A. The underlying model is not linked to Order to Cash.
- B. The business owner was recently assigned the role and the worklist needs to be refreshed.
- C. The Result Management Perspective Assignment has not been linked.
- D. The Control Perspectives are not linked to the control.
- E. Worklist assignment does not include the business owner.
Correct Answer: E 🗳️
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