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Oracle 1z0-1058-23 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Advanced Access Controls25-30%- Access Models
  • 1. Configure Access Models
  • 2. Manage Access Risk Analysis
  • 3. Segregation of Duties Controls
Topic 2: Risk Management Cloud Overview10-15%- Risk Management Cloud Architecture
  • 1. Risk Management Components
  • 2. Business Objectives and Use Cases
Topic 3: User Access Certification10-15%- Certification Campaigns
  • 1. Create Access Certifications
  • 2. Review and Certify User Access
Topic 4: Reporting and Administration5-10%- System Management
  • 1. Security and Configuration
  • 2. Data Import and Maintenance
  • 3. Risk Management Reports
Topic 5: Financial Reporting Compliance20-25%- Controls and Certifications
  • 1. Issue Tracking and Remediation
  • 2. Compliance Monitoring
  • 3. Manage Financial Controls
Topic 6: Transaction Controls20-25%- Transaction Monitoring
  • 1. Manage Incidents
  • 2. Configure Transaction Models
  • 3. Detect and Investigate Violations

Oracle Risk Management Cloud 2023 Implementation Professional Sample Questions:

Your customer has a requirement to define an IT Compliance Manager job role with privileges to manage risks and controls, and the issues related to the risks and controls.
What are the duty roles that must be included in this job role to achieve this requirement?

  • A. Seeded Risk Issue Manager and Control Issue Manager
  • B. Seeded Issue Manager Composite
  • C. Seeded Issue Manager Composite and Issue Validator Composite
  • D. Seeded Risk Manager Composite, Control Manager Composite, and Issue Manager Composite
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for ExamBoosts members. You can sign-up / login (it's free).

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.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for ExamBoosts members. You can sign-up / login (it's free).

Which three steps can be performed by using the Configure Module Objects pages? (Choose three.)

  • A. View assessment response details for all assessment types.
  • B. Set "object-perspective" association.
  • C. Choose display (or hide) configurable options for: results, events, consequences and treatments.
  • D. Create object data import templates.
  • E. Edit the assessment activity question and guidance text for all assessment types.
Reveal Solution  Discussion  0

Correct Answer: B,C,E  🗳️

Explanation: Only visible for ExamBoosts members. You can sign-up / login (it's free).

When validating imported data, the control manager at your client has identified an incorrect Risk-Control mapping; that is, Control A was mapped incorrectly to Risk B instead of Risk A. What needs to be done to fix the mapping?

  • A. Option A
  • B. Option C
  • C. Option D
  • D. Option B
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for ExamBoosts members. You can sign-up / login (it's free).

Which three statements are true about the purpose of perspectives? (Choose three.)

  • A. Perspectives can be used to define user privileges.
  • B. Perspectives can be used for categorizing Financial Reporting Compliance objects.
  • C. Perspectives enable functional security in Financial Reporting Compliance.
  • D. Perspectives are used to enable data security on Financial Reporting Compliance objects.
  • E. Perspectives can be used to represent regional hierarchies.
Reveal Solution  Discussion  0

Correct Answer: B,D,E  🗳️

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