TestkingPass 1Z0-1058-20 dumps & Oracle Risk Management Cloud Sure Practice with 77 Questions
New 1Z0-1058-20 Exam Questions| Real 1Z0-1058-20 Dumps
What is the duration, language, and format of Oracle Risk Management Cloud 2020 Implementation Essentials 1z0-1058-20 Exam
- Format: Multiple choices
- Length of Examination: 85 minutes
- Number of Questions: 60
- Language: English (U.S.)
- Passing score: 65%
NEW QUESTION 11
Which two would need to happen in order for Advanced Access Controls (AAC) to automatically assign a status of "Closed" to an access incident? (Choose two.)
- A. The incident is resolved using simulation in AAC and a subsequent evaluation of controls finds that the incident no longer exists.
- B. A global condition was added that resolves the conflict and a subsequent evaluation of controls finds that the incident no longer exists.
- C. A user sets the State of the incident to "Remediate".
- D. A user sets the Status of the incident to "Resolved".
- E. The incident is resolved inFusion Cloud and a subsequent evaluation of controls finds that the incident no longer exists.
Answer: C,E
NEW QUESTION 12
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 and the Transaction Created As of Date has no impact on the data.
- C. One job will run for the two objects based ontransactions dated before the Transaction Created As of Date.
- D. One job will run for the two objects based on transactions dated after the Transaction Created As of Date.
Answer: D
NEW QUESTION 13
When you view or edit a transaction incident, you may seeextra columns that are not present in the business objects used in the control.
What three kinds of control logic or conditions can cause this? (Choose three.)
- A. Not in
- B. Equals (when the same attribute is used on both sides of the condition)
- C. Between (when using a date attribute)
- D. Average Function
- E. Similar
Answer: A,C,D
NEW QUESTION 14
Your client has subscribed to Financial Reporting Compliance and would like to address risks using treatment plans.
Which option shows the settings that will help in achieving this configuration?
- A. Configure Module Objects > Edit Risk Object Configuration >Result = Show
- B. Configure Module Objects > Edit Risk Object Configuration > Treatment = Hide and Default
- C. Configure Module Objects > Edit Risk Object Configuration > Treatment = Show
- D. Configure Module Objects > Edit Control Object Configuration > Result = Show
- E. Configure Module Perspectives > Edit Financial Reporting Compliance > Risk-Organization mapping set to required, active.
Answer: D
NEW QUESTION 15
You have scheduled quarterly assessments for a Control object at the beginning of the year with futuredates.
However, the test plans associated with the Control object were updated before the assessment could be started. Which statement is true about this scenario?
- A. The scheduled assessment process will end in error.
- B. The user will have the option to select the older or newer versions of the test plans during the assessment process.
- C. The updated test plans will become available during the assessment.
- D. The assessment will be associated with the version of the test plans from the time of assessment initiation.
Answer: D
NEW QUESTION 16
You are validating your customer's import template before import. The customer requires that all controls be set up so they are noted to be used for the Audit Test assessment type. How do you verify that this has been done?
- A. The Assessment Flag and the Audit Testing Flag are both set to "Y."
- B. The Control status filed is set to "Audit Test."
- C. The Control comment filed has a notation for "Audit Test."
- D. The Control has a related process.
Answer: D
NEW QUESTION 17
After generating an XML file export of Advanced Controlsperspectives, 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 HTML editor.
- B. Open with an XML editor, such as Excel.
- C. Navigate to Monitor Jobs and click the message link for the export job.
- D. Click the Export File button.
- E. Click the Item Results link.
Answer: B,C,D
NEW QUESTION 18
During an assessment, an issue was created. Your job as the Issue Manager is to review the issues and validate them. If it is determined that they are not valid issues, youneed to close them. You have found an issue that is not valid and with Status: Open and State: Reported.
Identify the correct step to close this issue.
- A. Theassessment associated to the issue must be completed before closing the issue. Only then can you close the issue.
- B. Ensure that the issue status is In Edit, and then from the Actions menu, select Close Issue.
- C. After you have completed the remediation plan, click the Close button on the Remediation Plan page.
- D. On the Manage Issues page, highlight the issue and click the Close button.
Answer: A
NEW QUESTION 19
Your customer has a requirement to define an IT Compliance Manager job role with privileges to manage risks and controls, and the issues related to the risks and controls.
What are the duty roles that must be included in this job role to achieve this requirement?
- A. Seeded Issue Manager Composite and IssueValidator Composite
- B. Seeded Risk Manager Composite, Control Manager Composite, and Issue Manager Composite
- C. Seeded Issue Manager Composite
- D. Seeded Risk Issue Manager and Control Issue Manager
Answer: B
NEW QUESTION 20
Which controls can user A manage for the following Control Manager role Configuration? See details of perspective trees and control-perspective association below.
- A. Controls 1, 2, and 4
- B. All controls
- C. Controls 1 and 2
- D. None
- E. Controls 2 and 4
Answer: C
NEW QUESTION 21
Which three risk assessment activity types areavailable in Financial Reporting Compliance? (Choose three.)
- A. Audit
- B. Certify
- C. Qualitative Analysis
- D. Assess Risk
- E. Quantitative Analysis
- F. Design Review
Answer: B,D,F
NEW QUESTION 22
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 "Expense Report Credit Card Transaction" object's "Last Updated Date" attribute is greater than the "Relative Value" of 3 months.
- B. The "Payables Invoice" object's "Invoice Date" attribute is greater than the "ExpenseReport Credit Card Transaction" object's "Transaction Date" attribute.
- C. 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.
- D. The "Expense Report Credit Card Transaction"object's "Transaction Date" attribute is not blank.
Answer: C
NEW QUESTION 23
After adding a new control in Financial Reporting Compliance, the control owner clicks Submit. Users with theControl Reviewer and Control Approver roles exist.
What is the expected outcome?
- A. The control goes into the "Waiting for Approval" state.
- B. The control goes into the "In Review" state.
- C. The control goes into the "New" state.
- D. The control goes into the "Approved" state.
Answer: B
NEW QUESTION 24
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. Create object data import templates.
- C. Viewassessment response details for all assessment types.
- D. Choose display (or hide)configurable options for: results, events, consequences and treatments.
- E. Set "object-perspective" association.
Answer: C,D,E
NEW QUESTION 25
The control manager needs to associate an existing test plan to an additional assessment type, Audit Test. The existing test plan is associated only with the Design Review assessment type.
How canthis be accomplished?
- A. The controlmanager does not need to update the control because any initiated assessment will include all control test plans.
- B. The control manager should create a new test plan with Audit Test and Design Review as assessment types.
- C. The control's test plan should be updated to Audit Test as the assessment type.
- D. The control's test plan should be updated to include both Audit Test and Design Review as assessment types.
Answer: D
NEW QUESTION 26
Your client has three operating units.
What are two ways in which you can exclude an operating unit where there are not enough personnel to allow segregation of duties? (Choose two.)
- A. In a model, create a new condition logic filter, select the within same operating unit attribute, select the value yes, and then perform your exclusion though the advanced options check box.
- B. In a model, create a new condition logic filter, select the operating unit attribute, select the operating unit value, and then perform an exclusionthough the advanced options check box.
- C. Navigate to the Create Access Global Condition page and create a new condition logic filter, select the operating unit attribute, select the operating unit value, and then perform an exclusion though the advanced options check box.
- D. Navigate to the Create Access Global Condition page and create a new condition logic filter, select the within same operating unit attribute, select the value yes, and then perform your exclusion though the advanced options check box.
- E. In a model, create a new condition logic filter, select theoperating unit attribute and select the operating unit value.
Answer: A,D
NEW QUESTION 27
The internal auditor advised the Control Owner of North America to perform assessment for two P2P controls.
Which three steps can the Control Owner perform to kick-off assessments for only those two controls?
(Choose three.)
- A. Initiate two planned assessments, one for each control.
- B. Initiate a planned assessment and include the two controls as part of the same assessment.
- C. Enable impromptu assessments during configuration of module objects.
- D. Perform impromptu assessments for the two controls.
- E. Initiate a planned assessment that includes all controls assigned toperspective P2P.
Answer: A,C,E
NEW QUESTION 28
......
1Z0-1058-20 Braindumps – 1Z0-1058-20 Questions to Get Better Grades: https://www.testkingpass.com/1Z0-1058-20-testking-dumps.html