Oracle 1z0-1058-23 test insides dumps : Oracle Risk Management Cloud 2023 Implementation Professional

Oracle 1z0-1058-23 test insides dumps
  • Exam Code: 1z0-1058-23
  • Exam Name: Oracle Risk Management Cloud 2023 Implementation Professional
  • Updated: Jun 20, 2026
  • Q & A: 77 Questions and Answers
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Oracle Risk Management Cloud 2023 Implementation Professional Sample Questions:

1. 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.
Which transaction model will identify payments made to these companies?

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


2. You are implementing Advanced Access Controls and there is a requirement for a control to monitor user access to specific, client-defined access points which give users the ability to both initiate a purchase order and approve payments on that purchase order.
Which is a valid option to implement the control?

A) From the "Access Entitlements" page create two entitlements containing the respective client-defined access points. Create an access model from the "Models" tab of Advanced Controls, based on the entitlements you created.
B) From the "Access Entitlements" page create two entitlements containing the respective client-defined access points. Create an access model from the "Models" tab of Advanced Controls, based on the entitlements you created. Finally, deploy an access control in the "Controls" tab of Advanced Controls, and select the access model you created.
C) Select Actions > Create Access Control from the "Controls" tab of Advanced Controls.
D) Create an access entitlement from the "Access Entitlements" page, then select Actions > Create Access Control from the "Controls" tab of Advanced Controls, and select the entitlement you created.
E) Create an access model from the "Models" tab of Advanced Controls, and then define an access point filter for each individual client-defined access point.


3. You are gathering requirements on how your client performs control assessments. Which three tasks should you complete to set up assessments in Financial Reporting Compliance? (Choose three.)

A) Determine the main objectives of deploying the control.
B) Identify the type of assessments included in each assessment cycle.
C) Determine if control assessments are planned ahead of time or are run impromptu.
D) Understand the sample size for each audit test.
E) Determine whether assessments templates, plans, and completed assessments need to go through a review and approve workflow.


4. Your client has configured separate roles for control assessor and control assessment 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?

A) On the Manage Assessments page, the assessor can select the assessment and click the Reopen button.He or she can then attach the document and resubmit the assessment.
B) 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.
C) The assessor can request the reviewer to attach the document during the review.
D) 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.


5. Which two options can be assigned to a duty role? (Choose two.)

A) Data Security Policy
B) Functional Security Policy
C) Abstract Role
D) Job Role


Solutions:

Question # 1
Answer: A
Question # 2
Answer: B
Question # 3
Answer: B,C,E
Question # 4
Answer: A
Question # 5
Answer: A,B

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