CertsTopics Logo

New Year Special 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: save70

Free and Premium Oracle 1z0-1058-22 Dumps Questions Answers

Page: 1 / 3
Total 74 questions
Get 1z0-1058-22 Full Access Download 1z0-1058-22 PDF

Oracle Risk Management Cloud 2022 Implementation Professional Questions and Answers

Question 1

Your client has configured separate roles for control assessor and controlassessment reviewer. The control assessor has submitted his or her assessment. The control assessor realizes later that he or she has forgotten to attach a critical test evidence document to the assessment and needs to attach it now.

How can this be accomplished?

Options:

A.

The assessor can request the reviewer to attach the document during the review.

B.

On the Assessment tab in the Control definition, the assessor can select the assessment and click the Complete Assessment button. He or she can attach the document and resubmit the assessment.

C.

The assessor can request the reviewer to reject the assessment. After the assessment is rejected, the assessor can then attach the document and resubmit the assessment.

D.

On the Manage Assessments page, the assessor canselect the assessment and click the Reopen button. He or she can then attach the document and resubmit the assessment.

Buy Now
Question 2

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, car rental, and mileage expenses?

Options:

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 “Report Number” 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 “Person” where the “Expense Type” has an “In” condition for values that include taxi, car, mileage.

Question 3

Your client is configuring their Test pod (which has no data) and has created their initial import template with controls, test plans, perspectives, and perspective-control mappings. They have used custom list ofvalues for Control Frequency.

Which three tasks must be completed before performing the data import? (Choose three.)

Options:

A.

Validate that all nods on the Perspective Item tab are covered on the Perspective Hierarchy tab.

B.

Validate that the control-perspective relationship has been created in Manage Module Perspectives.

C.

Validate that new lookup values are created for any custom list of values.

D.

Validate that there are no duplicate worksheet IDs within the same worksheet.

E.

Validate that the System ID column is populated correctly.

Question 4

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.)

Options:

A.

Option A

B.

Option B

C.

Option C

D.

Option D

E.

Option E

Question 5

Whichcontrols can user A access and manage for the following Control Manager role configuration? See details of perspective trees and control-perspective association below.

Options:

A.

None

B.

Controls 2 and 3

C.

Only Control 1

D.

All controls

E.

Controls 1, 2, and3

Question 6

Youhave created a risk definition R100 and have created a new control C100 for this risk. No user has been assigned the Risk or Control reviewer and approver roles. What will be the state of R100 and C100 after submitting?

Options:

A.

Both R100 and C100 will be in the “In Review” state.

B.

Both R100 and C100 will be in the “Awaiting Approval” state.

C.

Both R100 and C100 will be in the “Approved” state.

D.

Both R100 and C100 will be in the “New” state.

Question 7

An organization has a list of companies with which they no longer wish to do business. The list is not stored in their ERP Could but is stored in a file.

Whichtransaction model will identify payments made to these companies?

Options:

A.

Create an Imported business object that can be used in conjunction with Oracle’s pre-built “Payment” object. One both objects are in your model, add this standard filter: the “Payment” object’s “Remit to Supplier Name” is similar to the custom object’s “Company Name” by 95%.

B.

Add a configurable attribute “Company Name” to Oracle’s pre-built “Payment” object. Then add this standard filter: “Remit to Supplier Name” equals “Company Name”.

C.

You cannot define this model because imported objects from a file cannot be used with delivered objects.

D.

Create an Imported business object that can be used in conjunction with Oracle’s pre-built “Payables Invoice” object. Once both objects are in your model, add this standard filter: the “Payables Invoice” object’s “Supplier Name” equals the custom object’s “Company Name”.

Question 8

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

Options:

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.

Question 9

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.)

Options:

A.

Open with an XML editor, such as Excel.

B.

Navigate to Monitor Jobs and click the message link for the export job.

C.

Click the Item Results link.

D.

Click the Export File button.

E.

Open with an HTML editor.

Question 10

Which three are true about implementing a best practice solution for Financial Reporting Compliance? (Choose three.)

Options:

A.

Large scope of project requires high effort for maintenance and administration.

B.

It promotes rapid implementation and go-live.

C.

It promotes go-live with minimal acceptance testing and user training.

D.

It provides maximum return on investment withminimum project risk.

E.

It promotes successful adoption and minimizes on-going cost of operation.

Question 11

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?

Options:

A.

Configure Module Perspectives > Edit Financial Reporting Compliance > Risk-Organization mapping set to required, active.

B.

Configure Module Objects > Edit Risk Object Configuration > Treatment = Show

C.

Configure Module Objects > Edit Risk Object Configuration > Treatment = Hide and Default

D.

Configure Module Objects > Edit Control Object Configuration > Result = Show

E.

Configure Module Objects > Edit Risk Object Configuration > Result = Show

Exam Detail
Vendor: Oracle
Certification: Oracle Other Certification
Exam Code: 1z0-1058-22
Exam Name: Oracle Risk Management Cloud 2022 Implementation Professional
Last Update: Dec 22, 2024
1z0-1058-22 Question Answers
Page: 1 / 3
Total 74 questions
Get 1z0-1058-22 Full Access Download 1z0-1058-22 PDF