1z0-1058-23 by Oracle Actual Free Exam Questions And Answers

Question 1

Which two filters must be combined to identify different suppliers who use the same taxpayer ID? (Choose two.)

A. Standard filter where the "Supplier" object's "Allow Withholding Tax" is not blank.

B. Function filter grouping by "Taxpayer ID" where count is greater than 1.

C. Standard filter where the "Supplier" object's "Taxpayer ID" is not blank.

D. Function filter grouping by "Supplier ID" where count is greater than 1.

E. Standard filter where the "Supplier" object's "Supplier ID" is equal to itself.

Discussion 0

Correct Answer: B,C Vote an answer

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Question 2

Your client needs to perform Design Review and Certification assessment for all their controls. Identify two options that show how this requirement can be met. (Choose two.)

A. Option B

B. Option A

C. Option D

D. Option C

E. Option E

Discussion 0

Correct Answer: B,E Vote an answer

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Question 3

When running Synchronize Transaction from the Data Sources page of Application Configurations, which statement is true when you have two models using invoice and payment business objects?

A. Two jobs will run for the two objects based on transactions dated after the Transaction Created As of Date.

B. One job will run for the two objects based on transactions dated before the Transaction Created As of Date.

C. One job will run for the two objects based on transactions dated after the Transaction Created As of Date.

D. One job will run for the two objects and the Transaction Created As of Date has no impact on the data.

Discussion 0

Correct Answer: C Vote an answer

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Question 4

You are designing data for data import. The customer decided that they want to secure controls based on their company organization.
Which three worksheets of the import template are required to accomplish this requirement? (Choose three.)

A. Perspective Items

B. Perspective-Control

C. Control Test Plans

D. Controls

Discussion 0

Correct Answer: A,B,D Vote an answer

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Question 5

Which two steps are required to set up two levels of approval for new controls, which are added after the initial import? (Choose two.)

A. On the Controls tab of the Import template, set the control state to NEW for each control record.

B. Identify the organizations or business units for which users will perform review or approval.

C. Identify users who will perform control review and approval.

D. Identify the other roles to be provided for control managers.

Discussion 0

Correct Answer: B,C Vote an answer

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Question 6

How do you identify Financial Reporting Compliance Cloud's key stakeholders?

A. Identify executives who will manage customer balances and recognize revenue.

B. Identify executives who need to certify internal controls for SOX or similar mandates.

C. Identify users who need to create and submit expense reports easily.

D. Identify users who will create customer invoices, and receive and apply customer payments.

Discussion 0

Correct Answer: B Vote an answer

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Question 7

You have imported risks in Financial Reporting Compliance using data migration. Your client is asking if you can add controls for these risks.
Which two statements are true? (Choose two.)

A. To relate controls, risks must be assigned to the same perspective that is assigned to the control you want to map it to.

B. You can manually add control definitions and relate them to the risks in Financial Reporting Compliance.

C. You cannot use the Data Migration tool to add control records to map to existing risks.

D. You can use the Data Migration tool to add control records for the existing risks.

E. To relate controls to risks, the risks must be in "approved" state.

Discussion 0

Correct Answer: B,E Vote an answer

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Question 8

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.

Discussion 0

Correct Answer: C Vote an answer

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Oracle Risk Management Cloud 2023 Implementation Professional - 1z0-1058-23 Exam Practice Test

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