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Oracle 1Z1-958 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Integration and Administration | 10% | - Integration with Fusion Applications - System configuration and maintenance - Data import/export |
| Topic 2: Advanced Access Controls | 25% | - Segregation of duties (SoD) modeling - Control creation and monitoring - Access risk analysis - Remediation and mitigation |
| Topic 3: Financial Reporting Compliance | 30% | - Assessment setup and execution - Perspectives and hierarchies - Risk and control definition - Issue management and remediation |
| Topic 4: Risk Management Cloud Overview | 15% | - Deployment options - Architecture and components - Security and access model |
| Topic 5: Transaction Controls | 20% | - Exception handling - Transaction model configuration - Control rule definition - Monitoring and alerting |
Oracle Risk Management Cloud 2018 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. 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) 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.
B) 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.
C) 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.
D) 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.
E) In a model, create a new condition logic filter, select the operating unit attribute and select the operating unit value.
3. You are advising your client on design and configuration related to how access incident results will be viewed and managed. The client has provided a list of business requirements:
* Incident results can be viewed by Department
* Groups of investigators receive assigned incidents based on Department
* Must ensure systematically that no incident is unassigned to an investigator Which three must be configured to support these requirements? (Choose three.)
A) Worklist assignment Result Investigator should be set to "All Eligible Users"
B) Worklist assignment Result Investigator should be set to specific users.
C) Investigators are assigned job roles with custom Department perspective data roles attached. Other incident users receive job roles which only allow viewing of incidents.
D) Custom perspective for Department linked to the Results object with Required set to "Yes"
E) Investigators are assigned job roles with custom Department perspective data roles attached for managing incidents. Other incident users are assigned job roles with custom Department perspective data roles attached for viewing only.
F) Custom perspective for Department linked to the Results object with Required set to "No"
4. 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) 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.
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.
C) 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.
D) 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.
E) Select Actions > Create Access Control from the "Controls" tab of Advanced Controls.
5. 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) Business object
B) Model
C) Control
D) Filter
E) Template
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A,C | Question # 3 Answer: A,B,C | Question # 4 Answer: D | Question # 5 Answer: B |
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