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Reading questions is one thing; sitting a timed exam is another. The Fast2test desktop and online test engines recreate the pace and pressure of the Oracle Risk Management Cloud 2019 Implementation Essentials testing environment, so 1Z0-1058 exam day feels like just another practice session.

Oracle 1Z0-1058 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Risk Management Cloud 2019 Implementation Essentials
Exam Number:1Z0-1058
Passing Score:68%
Real Exam Qty:55-75
Exam Format:Multiple Choice, Scenario-based Questions
Available Languages:English
Exam Price:USD 245
Certificate Validity Period:N/A
Related Certifications:Oracle ERP Cloud Implementation
Oracle Financials Cloud
Oracle Risk Management Cloud
Exam Duration:150 minutes
Recommended Training:Oracle University Training
Exam Registration:Oracle Certification Registration
Sample Questions:Oracle 1Z0-1058 Sample Questions
Exam Way:Online proctored or test center exam via Oracle University
Pre Condition:Recommended: Basic knowledge of Oracle ERP Cloud and Financials Cloud concepts
Official Syllabus URL:https://education.oracle.com

Oracle 1Z0-1058 Exam Syllabus Topics:

SectionObjectives
Security and Access Configuration- Application security setup
  • 1. Roles and privileges management
    • 2. User access provisioning
      Setup, Integration, and Maintenance- System configuration and data setup
      • 1. Ongoing maintenance tasks
        • 2. Data import and integration options
          Continuous Controls Monitoring- Automated monitoring setup
          • 1. Alerts and notifications
            • 2. Exception handling workflows
              Risk and Controls Framework- Risk modeling and configuration
              • 1. Control testing and evaluation
                • 2. Control design and lifecycle
                  Introduction to Oracle Risk Management Cloud- Overview of Risk Management Cloud concepts
                  • 1. Key components and architecture overview
                    • 2. Business risks and compliance objectives
                      Advanced Controls- Access Controls and Segregation of Duties (SoD)
                      • 1. SoD policy configuration
                        • 2. Conflict detection and remediation
                          - Transaction Controls
                          • 1. Transaction monitoring rules
                            • 2. Control enforcement mechanisms
                              Compliance, Audit, and Reporting- Audit configuration and reporting
                              • 1. Compliance dashboards
                                • 2. Audit trails and evidence collection

                                  Oracle 1Z0-1058 FAQs: What Every Candidate Asks

                                  The 1Z0-1058 exam, officially titled Oracle Risk Management Cloud 2019 Implementation Essentials, is the qualifying test for the Oracle Risk Management Cloud 2019 Implementation Essentials certification from Oracle, a credential at the Professional level. Passing it proves you have the skills employers look for in certified professionals, and it can also support progress toward related credentials such as Oracle Financials Cloud, Oracle Risk Management Cloud, Oracle ERP Cloud Implementation.

                                  The Oracle Risk Management Cloud 2019 Implementation Essentials exam gives you 150 minutes to work through 55-75 questions. That is a steady pace with little room for second-guessing, so train yourself to read each question once, flag the difficult ones, and keep moving. Before exam day, sit at least two full timed sessions in the Fast2test test engine — when the clock feels familiar, it stops being a threat.

                                  You need 68% to pass, and the official registration fee is USD 245. Fall short and you pay that fee in full again for every retake, which makes solid preparation the cheaper option by far. Work through the Fast2test practice questions until you score comfortably above the passing mark, then book your seat.

                                  Recommended: Basic knowledge of Oracle ERP Cloud and Financials Cloud concepts Eligibility rules can change over time, so before you register, confirm the latest requirements on the official exam page: Oracle 1Z0-1058 exam overview.

                                  You can book your 1Z0-1058 exam through any of these official registration channels:

                                  The exam is delivered as Online proctored or test center exam via Oracle University, so you can pick the option that fits your schedule when you book.

                                  Oracle recommends the following training for Oracle Risk Management Cloud 2019 Implementation Essentials candidates:

                                  Pair that training with the 76 practice questions from Fast2test and you can check your readiness topic by topic before exam day.

                                  Yes. Fast2test offers a free PDF demo for the Oracle Risk Management Cloud 2019 Implementation Essentials exam so you can judge the quality of our questions and answers before paying anything. Every purchase also comes with 365 days of free updates, and once that period expires you can extend your update service at a 50% discount.

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                                  The Oracle Risk Management Cloud 2019 Implementation Essentials syllabus is organized into 7 domains. The main areas include Risk and Controls Framework, Introduction to Oracle Risk Management Cloud, and Compliance, Audit, and Reporting. Scroll up to the Exam Topics section above for the complete, current outline before you plan your study schedule.

                                  Oracle Risk Management Cloud 2019 Implementation Essentials Sample Questions:

                                  Question 1

                                  After generating an XML file export of Advanced Controls perspectives, 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. Open with an XML editor, such as Excel.
                                  B. Click the Export File button.
                                  C. Navigate to Monitor Jobs and click the message link for the export job.
                                  D. Click the Item Results link.
                                  E. Open with an HTML editor.


                                  Question 2

                                  Which three are true about implementing a best practice solution for Financial Reporting Compliance?
                                  (Choose three.)

                                  A. It provides maximum return on investment with minimum project risk.
                                  B. Large scope of project requires high effort for maintenance and administration.
                                  C. It promotes go-live with minimal acceptance testing and user training.
                                  D. It promotes successful adoption and minimizes on-going cost of operation.
                                  E. It promotes rapid implementation and go-live.


                                  Question 3

                                  You are implementing Advanced Access Controls and there is a requirement for a control to monitor user access to specific, client-defined access points which give users the ability to both initiate a purchase order and approve payments on that purchase order.
                                  Which is a valid option to implement the control?

                                  A. From the "Access Entitlements" page create two entitlements containing the respective client-defined access points. Create an access model from the "Models" tab of Advanced Controls, based on the entitlements you created.
                                  B. Create an access entitlement from the "Access Entitlements" page, then select Actions > Create Access Control from the "Controls" tab of Advanced Controls, and select the entitlement you created.
                                  C. Create an access model from the "Models" tab of Advanced Controls, and then define an access point filter for each individual client-defined access point.
                                  D. Select Actions > Create Access Control from the "Controls" tab of Advanced Controls.
                                  E. From the "Access Entitlements" page create two entitlements containing the respective client-defined access points. Create an access model from the "Models" tab of Advanced Controls, based on the entitlements you created. Finally, deploy an access control in the "Controls" tab of Advanced Controls, and select the access model you created.


                                  Question 4

                                  You are remediating access incidents in Advanced Access Controls (AAC), and have just completed the remediation of a segregation of duties conflict for users in Fusion Security by removing the conflicting access from the users.
                                  What status do you set for the incident in AAC?

                                  A. Authorized
                                  B. Accepted
                                  C. Remedy
                                  D. Remediation
                                  E. Resolved


                                  Question 5

                                  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 assessments of all types 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 Audit tests and operational assessments for this control.
                                  D. He or she will be able to review results of all prior operational assessments for all controls.
                                  E. He or she will be able to review only results of prior operational assessments for this control.


                                  Solutions:

                                  Question 1
                                  Answer: A,B,C
                                  Question 2
                                  Answer: A,D,E
                                  Question 3
                                  Answer: E
                                  Question 4
                                  Answer: D
                                  Question 5
                                  Answer: C

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