100% Oracle 1Z1-958 Guaranteed Success With Testing Engine

Oracle 1Z1-958 Exam Overview:

Oracle 1Z1-958 Exam Syllabus Topics:

Oracle Risk Management Cloud 2018 Sample Questions:

Question 1

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

Question 2

Which three statements are true about the purpose of perspectives? (Choose three.)

A. Perspectives can be used for categorizing Financial Reporting Compliance objects.
B. Perspectives are used to enable data security on Financial Reporting Compliance objects.
C. Perspectives can be used to define user privileges.
D. Perspectives enable functional security in Financial Reporting Compliance.
E. Perspectives can be used to represent regional hierarchies.

Question 3

How do you identify Financial Reporting Compliance Cloud's key stakeholders?

A. Identify users who need to create and submit expense reports easily.
B. Identify executives who need to certify internal controls for SOX or similar mandates.
C. Identify executives who will manage customer balances and recognize revenue.
D. Identify users who will create customer invoices, and receive and apply customer payments.

Question 4

You have imported risks in Financial Reporting Compliance using data migration. Your client is asking if you can add controls for these risks.
Which two statements are true? (Choose two.)

A. To relate controls to risks, the risks must be in "approved" state.
B. To relate controls, risks must be assigned to the same perspective that is assigned to the control you want to map it to.
C. You can use the Data Migration tool to add control records for the existing risks.
D. You cannot use the Data Migration tool to add control records to map to existing risks.
E. You can manually add control definitions and relate them to the risks in Financial Reporting Compliance.

Question 5

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. Identify the other roles to be provided for control managers.
B. On the Controls tab of the Import template, set the control state to NEW for each control record.
C. Identify the organizations or business units for which users will perform review or approval.
D. Identify users who will perform control review and approval.

Solutions: