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Oracle 1Z1-958 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Assessments and Monitoring | - Operational effectiveness assessments - Certification and review workflows |
| Topic 2: Security and Access Control | - Configuring security roles and data policies - Functional and data-level access control in risk management |
| Topic 3: Data Migration and Integration | - Managing perspectives and hierarchies - Importing risk and control data |
| Topic 4: Risk Management Cloud Overview | - Key components and use cases - Purpose and features of Oracle Risk Management Cloud |
| Topic 5: Risk and Control Implementation | - Risk definitions and control design - Relationships between risks and controls |
| Topic 6: Reporting and Compliance Insights | - Using analytics for compliance monitoring - Risk reporting fundamentals |
Oracle Risk Management Cloud 2018 Sample Questions:
1. Which three steps can be performed by using the Configure Module Objects pages? (Choose three.)
A) Edit the assessment activity question and guidance text for all assessment types.
B) Choose display (or hide) configurable options for: results, events, consequences and treatments.
C) View assessment response details for all assessment types.
D) Create object data import templates.
E) Set "object-perspective" association.
2. An organization has a list of companies with which they no longer wish to do business. The list is not stored in their ERP Could but is stored in a file.
Which transaction model will identify payments made to these companies?
A) Create an Imported business object that can be used in conjunction with Oracle's pre-built "Payment" object. One both objects are in your model, add this standard filter: the "Payment" object's "Remit to Supplier Name" is similar to the custom object's "Company Name" by 95%.
B) You cannot define this model because imported objects from a file cannot be used with delivered objects.
C) Create an Imported business object that can be used in conjunction with Oracle's pre-built "Payables Invoice" object. Once both objects are in your model, add this standard filter: the "Payables Invoice" object's "Supplier Name" equals the custom object's "Company Name".
D) Add a configurable attribute "Company Name" to Oracle's pre-built "Payment" object. Then add this standard filter: "Remit to Supplier Name" equals "Company Name".
3. You need to schedule the report "Access Violations by User." Which two steps do you take to create the saved parameters for the report schedule? (Choose two.)
A) Click Save Report Parameters to create saved settings.
B) Navigate to Scheduling under Setup and Administration.
C) Select Display Scheduled Reports.
D) Highlight the report name and click Run Now.
E) Navigate to Administration Reports.
4. Which three statements are true about the purpose of perspectives? (Choose three.)
A) Perspectives enable functional security in Financial Reporting Compliance.
B) Perspectives can be used to define user privileges.
C) Perspectives are used to enable data security on Financial Reporting Compliance objects.
D) Perspectives can be used for categorizing Financial Reporting Compliance objects.
E) Perspectives can be used to represent regional hierarchies.
5. You are advising your client on design and configuration related to how access incident results will be viewed and managed. The client has provided a list of business requirements:
* Incident results can be viewed by Department
* Groups of investigators receive assigned incidents based on Department
* Must ensure systematically that no incident is unassigned to an investigator Which three must be configured to support these requirements? (Choose three.)
A) Investigators are assigned job roles with custom Department perspective data roles attached. Other incident users receive job roles which only allow viewing of incidents.
B) Custom perspective for Department linked to the Results object with Required set to "Yes"
C) Investigators are assigned job roles with custom Department perspective data roles attached for managing incidents. Other incident users are assigned job roles with custom Department perspective data roles attached for viewing only.
D) Custom perspective for Department linked to the Results object with Required set to "No"
E) Worklist assignment Result Investigator should be set to specific users.
F) Worklist assignment Result Investigator should be set to "All Eligible Users"
Solutions:
| Question # 1 Answer: B,C,E | Question # 2 Answer: C | Question # 3 Answer: A,D | Question # 4 Answer: A,C,E | Question # 5 Answer: A,E,F |
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