Oracle 1z0-1058-23 Exam With Confidence Using Practice Dumps

To associate a risk to a control within Oracle Risk Management, you would use the control definition. Specifically, you would navigate to the Related Objects tab within the control definition and add the risk there. This process links the risk directly to the control, allowing for a clear association between the two within the system.

References:The Oracle Cloud Risk Management and Compliance documentation provides insights into how risks and controls are managed within the system, including the association of risks to controls1. Additionally, the Implementing Risk Management guide from Oracle’s official documentation outlines the steps and considerations for setting up and managing risks and controls, which includes associating risks to controls2.

• Identify the organizations or business units: This involves determining the specific parts of the organization where the new controls will be applied. It is crucial to understand the scope of the controls within the organizational structure to ensure that the appropriate levels of review and approval are established.
• Identify users who will perform control review and approval: After defining the scope, the next step is to specify the individuals who will be responsible for reviewingand approving the controls. This includes assigning users to the roles that will have the authority to review and approve the controls at each required level.

References:The information provided is based on the Oracle Risk Management documentation, which outlines the processes for setting up approvals within the system123. These references detail the necessary steps and considerations for managing approvals and ensuring proper control within the Oracle Risk Management framework.

In Oracle Risk Management, when a business owner is assigned a new role, there may be a delay before the worklist reflects this change. This is because the system needs to refresh the data to include the new role assignments in the worklist generation process. If the business owner responsible for the “Order to Cash” perspective does not see any worklists for the generated incidents, despite having the correct functional privileges and data access, it is likely due to the recent assignment of the role. The system has not yet refreshed the worklists to include the business owner’s new role, which is necessary for them to view the worklists related to the generated incidents.

References:

• Oracle Risk Management Cloud documentation on role assignments and worklist generation1.
• Oracle support documents detailing how to regenerate worklists after changes to GRC security components2.