1Z0-1058 by Oracle Actual Free Exam Q&As

Question 1

You have two segregation of duties requirements:
1) a user can access either the supplier creation pages or the invoice pages, but not both.
2) a user can access either the invoice creation pages or the payment creation pages, but not both.
How must these requirements be met in Advanced Access Controls?

A. Construct two models, and create controls based on the models: "Create Supplier & Create Invoice",
"Create Invoice & Create Payment" B. Construct one model: "Create Supplier & Create Invoice & Create Payment" C. Construct three controls, and create controls based on the models: "Create Supplier & Create Invoice",
"Create Invoice & Create Payment", "Create Supplier & Create Payment" D. Construct one entitlement: "Create Supplier & Create Invoice & Create Payment" E. Construct one model with three condition filters where the Function Name Equals "Create Supplier",
"Create Invoice" and "Create Payment"

Discussion 0

Correct Answer: B Vote an answer

Question 2

An assessor is trying to complete an operational assessment on a control for manual AP Invoice entry and is reviewing Prior Results.
Which statement is true about viewing Prior Results for this control?

A. He or she will be able to review only results of prior operational assessments for this control. B. He or she will be able to review results of all prior assessments of all types for all controls. C. He or she will be able to review results of all prior Audit tests and operational assessments for this control. D. He or she will be able to review results of all prior operational assessments for all controls. E. He or she will be able to review results of all prior assessments of all types for this control.

Discussion 0

Correct Answer: C Vote an answer

Question 3

Your client has three operating units.
What are two ways in which you can exclude an operating unit where there are not enough personnel to allow segregation of duties? (Choose two.)

A. In a model, create a new condition logic filter, select the within same operating unit attribute, select the value yes, and then perform your exclusion though the advanced options check box. B. Navigate to the Create Access Global Condition page and create a new condition logic filter, select the within same operating unit attribute, select the value yes, and then perform your exclusion though the advanced options check box. C. Navigate to the Create Access Global Condition page and create a new condition logic filter, select the operating unit attribute, select the operating unit value, and then perform an exclusion though the advanced options check box. D. In a model, create a new condition logic filter, select the operating unit attribute and select the operating unit value. E. In a model, create a new condition logic filter, select the operating unit attribute, select the operating unit value, and then perform an exclusion though the advanced options check box.

Discussion 0

Correct Answer: A,B Vote an answer

Question 4

Identify the four statuses and states in which you can edit an issue's description, assuming you have the necessary privileges to edit the issue. (Choose four.)

A. Status: Closed; State: Closed - Awaiting Approval B. Status: On Hold; State: Awaiting Approval C. Status: On-Hold; State: Reported D. Status: Open; State: New E. Status: Closed; State: Final Close F. Status: Open; State: Approved G. Status: Open; State: In Edit H. Status: On Hold; State: In Review

Discussion 0

Correct Answer: D,F,G,H Vote an answer

Question 5

After generating an XML file export of Advanced Controls perspectives, 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.)

A. Click the Export File button. B. Click the Item Results link. C. Open with an HTML editor. D. Open with an XML editor, such as Excel. E. Navigate to Monitor Jobs and click the message link for the export job.

Discussion 0

Correct Answer: A,D,E Vote an answer

Question 6

You are implementing Advanced Financial Controls and you want to identify suspect transactions where the payment amount is less than $20 USD. However, you only want the results returned to be temporary.
What will you build in order to accomplish your objective?

A. Control B. Filter C. Template D. Model E. Business object

Discussion 0

Correct Answer: D Vote an answer

Question 7

How do you add values to a Risk Type list of values?

A. Because you cannot add new values, update one of the existing lookup codes to what the client wants it to be. B. Populate the Import template with the new values in the Issue Severity column on the Controls tab. C. Add the lookup codes to the GRCM_RISK_TYPE Lookup Type. D. Add the lookup codes to the GRC_RISK_TYPE Lookup Type. E. Use the default lookup codes because there is no way to update the existing ones.

Discussion 0

Correct Answer: C Vote an answer

Question 8

Your customer needs to conduct monthly Operational Effectiveness assessments for controls across two organizations (North America and EMEA). Your customer requires that assessment results for North America be accessible only to users in North America and likewise for EMEA. Additionally, the Chief Risk Officer reviews the assessment results by Business Process every week.
How should you design perspectives to achieve this?

A. Use the Region hierarchy for security and the Business Process hierarchy for reporting of controls. B. Use the Region hierarchy initially, and later use both Region and Business Process hierarchies for security. C. Use both Region and Business Process hierarchies solely for reporting purposes. D. Use the Business Process hierarchy for security and the Region hierarchy for reporting of controls.

Discussion 0

Correct Answer: A Vote an answer

Oracle Risk Management Cloud 2019 Implementation Essentials - 1Z0-1058 Exam Practice Test