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Oracle Risk Management Cloud 2023 Implementation Professional Sample Questions:
1. You are building a transaction model to identify invoices with USD amounts that are greater than the supplier's average invoice amount. The order of the filters is important.
1. Add an "Average" Function filter grouping by "Supplier ID" where "Invoice Amount" is greater than 0.
2. Add a standard filter where "Invoice Currency" equals "USD."
3. Add a standard filter where the delivered "Average Value" attribute is less than "Invoice Amount." What is the correct order of the filters for this transaction model?
A) 1, 3, 2
B) 2, 1, 3
C) 1, 2, 3
D) 2, 3, 1
E) 3, 2, 1
2. 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.)
A) Option E
B) Option D
C) Option A
D) Option B
E) Option C
3. You are configuring security and you do not want the risks to go through the review and approve process each time they are updated. How will you meet this requirement?
A) Use only the Risk Approver Composite duty role in the configurations so the risks will not go through the review process.
B) Ensure that only the upper management is given the Risk Reviewer Composite duty role so they could review the risks that they want to review.
C) Add the Risk Reviewer Composite duty role to the person who creates the risks so he or she would be able to review them before saving the record.
D) Ensure that no user has been assigned a job role that includes the Risk Reviewer Composite or Risk Approver Composite Duty Role.
4. You build an access model with two entitlements. Each entitlement has four access points. The entitlements do not have any access points in common.
How many access point combinations will be analyzed?
A) 25
B) 20
C) 4
D) 8
E) 16
5. 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 can this be accomplished?
A) The control's test plan should be updated to Audit Test as the assessment type.
B) The control's test plan should be updated to include both Audit Test and Design Review as assessment types.
C) The control manager does not need to update the control because any initiated assessment will include all control test plans.
D) The control manager should create a new test plan with Audit Test and Design Review as assessment types.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A,C | Question # 3 Answer: D | Question # 4 Answer: E | Question # 5 Answer: B |
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