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Oracle 1Z0-958 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Risk and Control Implementation | - Risk definitions and control design - Relationships between risks and controls |
| Assessments and Monitoring | - Operational effectiveness assessments - Certification and review workflows |
| Risk Management Cloud Overview | - Purpose and features of Oracle Risk Management Cloud - Key components and use cases |
| Reporting and Compliance Insights | - Using analytics for compliance monitoring - Risk reporting fundamentals |
| Data Migration and Integration | - Importing risk and control data - Managing perspectives and hierarchies |
| Security and Access Control | - Functional and data-level access control in risk management - Configuring security roles and data policies |
Oracle Risk Management Cloud 2018 Sample Questions:
1. You have five business units in our company, BU1 through BU5. You want to build a transaction model to identify suppliers who have been paid more than $100,000 USD across all business units except BU5.
Which two filters must be combined? (Choose two.)
A) Add a function filter grouping by "Supplier ID" where the sum of "Payment Amount" is greater than
100,000.
B) Add a standard filter where the "Payment" object's "Organization ID" equals BU5, and advanced option
"Exclude" is checked.
C) Add a standard filter where the "Payment" object's "Organization ID" is equal to itself.
D) Add a function filter grouping by "Organization ID" where the sum of "Payment Amount" is greater than 100,000.
E) Add a standard filter where the "Payment" object's "Organization ID" equals BU1, BU2, BU3, BU4.
2. 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.
3. How do you populate the Control Method field with a new custom value, such as a third-party application'?
A) Use Lookup Type of the new lookup value.
B) Use Lookup Meaning of the new lookup value.
C) Use Lookup Code of the new lookup value.
D) Enter the new value directly in the Control method field.
4. You have defined an initial Perspective Hierarchy for your client in the Advanced Controls module. After refining their business requirements, your client wants to expand the existing hierarchy to include 150 perspective items in various levels. For efficient processing, you decide to use the GRC data migration feature to import the new items.
Which three are valid processing steps required to define the export file? (Choose three.)
A) Navigate to Risk Management Tools > Setup and Administration > Data Migration, and select Advanced Controls.
B) Click the Create Import Template button.
C) Navigate to Manage Module Perspectives.
D) Generate Template as Without Data - Perspectives Only.
E) Generate Template as Without Data.
5. You have built a transaction model to identify possible duplicate charges between invoicing and expense credit cards. The model logic already includes two standard filters that identify amounts and suppliers that are the same or similar, as shown:
Which additional date filter will further refine the set of duplicate charges found?
A) The "Payables Invoice" object's "Invoice Date" attribute is greater than the "Expense Report Credit Card Transaction" object's "Transaction Date" attribute.
B) The "Expense Report Credit Card Transaction" object's "Last Updated Date" attribute is greater than the "Relative Value" of 3 months.
C) The "Expense Report Credit Card Transaction" object's "Transaction Date" attribute is not blank.
D) The "Payables Invoice" object's "Invoice Date" attribute is similar to the "Expense Report Credit Card Transaction" object's "Transaction Date" attribute within +/- 10 days.
Solutions:
| Question # 1 Answer: D,E | Question # 2 Answer: A,B,C | Question # 3 Answer: D | Question # 4 Answer: A,C,E | Question # 5 Answer: D |
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