2021 Valid 1Z0-1058-20 test answers & Oracle Exam PDF
Free Oracle 1Z0-1058-20 Exam Questions & Answer from Training Expert Prep4SureReview
Oracle 1Z0-1058-20 Exam Syllabus Topics:
| Topic | Details |
|---|---|
| Topic 1 |
|
| Topic 2 |
|
| Topic 3 |
|
| Topic 4 |
|
| Topic 5 |
|
| Topic 6 |
|
| Topic 7 |
|
| Topic 8 |
|
| Topic 9 |
|
| Topic 10 |
|
| Topic 11 |
|
| Topic 12 |
|
| Topic 13 |
|
NEW QUESTION 24
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 A
- B. Option B
- C. Option C
- D. Option E
- E. Option D
Answer: A,E
NEW QUESTION 25
You have completed the data import process with no errors. You created process, risks, controls, and one perspective. Controls were related to perspectives. You have provided the customer with the Control Manager security role. Whenthe customer logs in to Financials Risk Compliance (FRC), the customer cannot see any controls.
Which step was missed during the import process?
- A. The Controls were not related to any risk objects.
- B. The parent process was never approved.
- C. The Control Method was not set to a valid value.
- D. Data security policies for Controls were not created.
Answer: C
NEW QUESTION 26
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 orapproval.
- C. Identify the other roles to be provided for control managers.
- D. Identify users who will perform control review and approval.
Answer: B,D
NEW QUESTION 27
You need to schedule thereport "Access Violations by User." Which two steps do you take to create the saved parameters for the report schedule? (Choose two.)
- A. Highlight the report name and click Run Now.
- B. Navigate to Administration Reports.
- C. Click Save Report Parameters to create saved settings.
- D. Select Display Scheduled Reports.
- E. Navigate to Scheduling under Setup and Administration.
Answer: A,C
NEW QUESTION 28
How do you identify Financial Reporting Compliance Cloud's key stakeholders?
- A. Identify executives who will manage customer balances and recognize revenue.
- B. Identify users who will create customer invoices, and receive and apply customer payments.
- C. Identify users who need tocreate and submit expense reports easily.
- D. Identify executives who need to certify internal controls for SOX or similar mandates.
Answer: A
NEW QUESTION 29
You areimplementing Advanced Access Controls for a client who wants to limit the seeded job role
"Application Access Auditor". This job role should NOT include system configuration duties, but allows the user to monitor jobs schedules for Advanced Controls.
Afterthe seeded job role is copied, that two duty roles should be removed to comply with the access restrictions? (Choose two.)
- A. Access incident Results Manager
- B. Application Data Source Manager
- C. Advanced Control System Administrator
- D. Access Model Manager
- E. Access Control Manager
Answer: A,D
NEW QUESTION 30
Which three tasks should be completed before starting the Financial Reporting Compliance implementation?
(Choose three.)
- A. Migrate the organization's existing risk and control matrix into Financial Reporting Compliance.
- B. Complete control review and assessment for one period/cycle with the actual business owners.
- C. Plan to go-live with a simple scope and later expand the solution to include additional business units/organizations/compliance frameworks.
- D. Identify Financial Reporting Compliance users for everyday use, administration, and sustained use.
- E. Create a project plan with objectives, goals, and exit criteria.
Answer: B,C,D
NEW QUESTION 31
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. Enter the new value directly in the Controlmethod field.
- C. Use Lookup Code of the new lookup value.
- D. Use Lookup Meaning of the new lookup value.
Answer: B
NEW QUESTION 32
Which two should you determine to ensure that your client can successfully maintain and administer Perspectives post go-live? (Choose two.)
- A. Identify users who will be responsible for creating and maintaining controls and/or risks.
- B. Identify lookup values that need to be created for Control, Risk, and Issue Type fields.
- C. Identify if your client wants to review and/or approve new perspectives or changes made to existing perspectives.
- D. Identify users who will be responsible for creating and maintaining perspectives, both for security as well as reporting.
Answer: B,C
NEW QUESTION 33
You have defined an initial Perspective Hierarchy for your client in theAdvanced 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. Click the Create Import Template button.
- B. Navigate to Risk Management Tools > Setup and Administration > Data Migration, and select Advanced Controls.
- C. Generate Template as Without Data.
- D. Generate Template as Without Data - Perspectives Only.
- E. Navigate to Manage Module Perspectives.
Answer: B,C,E
NEW QUESTION 34
You are helping your client identify and define their controls. Youhave determined that your client requires two perspectives: Business Units and Regulatory Standards.
The controls are going to be secured by the business unit, and you want to ensure that when the client defines new controls, it is mandatory to assign a Business Units perspective to the control. You are going to set the
"Required" field to "yes" for the Control-Business Units association.
Where do you do this in the product?
- A. The Create Control screen
- B. The Create Perspectives screen
- C. TheImport template
- D. The Manage Module Perspectives screen
- E. The Manage Object Perspectives screen
Answer: B
NEW QUESTION 35
You are working with the customer to gather Risk-Control data for the data import process. The customer has information in multiple formats. Which format should be used for importing the data?
- A. .doc
- B. .xml
- C. .pdf
- D. .xlsx
- E. .txt
Answer: B
NEW QUESTION 36
You build an access model with two entitlements. Each entitlement has four access points. The entitlements do not have any access points in common.
How many access point combinations will beanalyzed?
- A. 0
- B. 1
- C. 2
- D. 3
- E. 4
Answer: A
NEW QUESTION 37
A Control Manager has changed thestatus of an issue to "In Remediation" and has submitted it.
What will be the state of the Issue if there is no issue validator, reviewer, or approver configured?
- A. Approved
- B. Reported
- C. In Review
- D. In Edit
- E. Active
Answer: B
NEW QUESTION 38
During implementation, you created a risk object and successfully mapped it to a control object. The client's Risk Owner is able to access the risk but not the control.
Why did this happen?
- A. The Risk Administrator needs to run the synchronize jobs to populate the mapping.
- B. The Risk Owner account is inactive.
- C. The Risk Owner role does not have the rightprivileges.
- D. The risk and control objects are inactive and need to be made active.
Answer: C
NEW QUESTION 39
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 B
- B. Option D
- C. Option C
- D. Option A
Answer: A
NEW QUESTION 40
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 thatidentify 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 similar to the "Expense Report Credit Card Transaction" object's "Transaction Date" attribute within +/- 10 days.
- B. The "Expense Report Credit Card Transaction" object's "Last Updated Date" attribute is greater than the "Relative Value" of 3 months.
- C. The "Payables Invoice" object's "Invoice Date" attribute is greater than the "ExpenseReport Credit Card Transaction" object's "Transaction Date" attribute.
- D. The "Expense Report Credit Card Transaction"object's "Transaction Date" attribute is not blank.
Answer: A
NEW QUESTION 41
What would happen to an access incident in Advanced Access Controls (AAC) that has been remediated and has a status of "Closed," but poses a conflict again during a subsequent evaluation of controls?
- A. The incident is deferred.
- B. The incident remains in "Closed" status and additional remedial action cannot be taken.
- C. The incident remains in "Closed" status and assigned users receive a notification that additional access incidents have been identified.
- D. The incident is copied and a new incident is created based on the original incident.
- E. The incident status changes to "Assigned."
Answer: C,E
NEW QUESTION 42
Which filter can be used to identify expense reports that contain suspicious expense type combinations, such as, a report for a single trip that contains taxi, carrental, and mileage expenses?
- A. Inclusive function filter grouped by the "Expense Report Information" object's "Report Number" where the "Expense Type" has an "Equals" condition for values that include taxi, car, mileage.
- B. Inclusive function filter grouped by the "Expense Report Information" object's "Report Number" where the "Expense Type" has an "In" condition for values that include taxi, car, mileage.
- C. Inclusive function filter grouped by the "Expense Report Information" object's "Person" where the
"Expense Type" has an "In" condition for values that include taxi, car, mileage. - D. Inclusive function filter grouped by the "Expense Report Information" object's "Person" where the
"Expense Type" has an "In" condition for values that include taxi, car, mileage. - E. Inclusive function filter grouped by the "Expense Report Information" object's "Report Number" where the "Expense Type" has an "In" condition for values that include taxi, car, mileage.
Answer: E
NEW QUESTION 43
At the last step of initiating assessments, the assessment manager sees who the assessment participants are (to complete, review, and approve the assessments). If the assessment manager wants to change the participant, who completes the assessment, what should he or she do?
- A. Modify the perspective hierarchy in the last step of initiating assessments.
- B. Modify the participant list in the last step of initiating assessments.
- C. Request theadministrator to change the Perspective in Data Security Policy for the Control Manager's job role.
- D. It is not possible to change the participants after Data Security Policies are assigned.
- E. Request the administrator to assign Data Security Policies with correct perspectives to the Assessor's job role.
Answer: B
NEW QUESTION 44
Which statement related to Advanced Access Controls is true?
- A. It documents risks and controls.
- B. If helps enforce segregation of duties.
- C. It analyzes transaction records.
- D. If helpsperform risk analysis and evaluation.
Answer: B
NEW QUESTION 45
......
Oracle Risk Management Cloud 2020 Implementation Essentials 1z0-1058-20 Certified Professional salary
The average salary of a 1z0-1058-20 Certified Expert in
- United State - 70,247 USD
- England - 60,632 POUND
- India - 15,42,327 INR
- Europe - 60,347 EURO
Top Oracle 1Z0-1058-20 Courses Online: https://www.prep4surereview.com/1Z0-1058-20-latest-braindumps.html
