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Oracle 1Z1-958 Exam Syllabus Topics:

SectionObjectives
Advanced Access Controls- Access Modeling
  • 1. Role-based access controls
    • 2. Access risk analysis
      - Segregation of Duties (SoD)
      • 1. Conflict detection and remediation
        • 2. SoD policy definition and analysis
          Risk Management Cloud Overview- Introduction to Oracle Risk Management Cloud
          • 1. Core concepts and architecture
            • 2. Integration with Oracle ERP Cloud
              Risk Analysis and Reporting- Risk Models
              • 1. Evaluating risk exposure
                • 2. Configuring risk models
                  - Reporting Tools
                  • 1. Dashboard configuration
                    • 2. Audit and compliance reporting
                      Advanced Financial Controls- Transaction Controls
                      • 1. Monitoring transactions and alerts
                        • 2. Control definition and rules
                          - Control Results Analysis
                          • 1. Incident tracking and resolution
                            • 2. Reporting and audit evidence

                              Oracle Risk Management Cloud 2018 Sample Questions:

                              Question #1

                              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. On the Controls tab of the Import template, set the control state to NEW for each control record.
                              • B. Identify the organizations or business units for which users will perform review or approval.
                              • C. Identify users who will perform control review and approval.
                              • D. Identify the other roles to be provided for control managers.
                              Reveal Solution  Discussion  0

                              Correct Answer: B,C  🗳️

                              Question #2

                              You are implementing Advanced Access Controls for a client who wants to limit the seeded job role
                              "Application Access Auditor". This job role should NOT include system configuration duties, but allows the user to monitor jobs schedules for Advanced Controls.
                              After the seeded job role is copied, that two duty roles should be removed to comply with the access restrictions? (Choose two.)

                              • A. Access Model Manager
                              • B. Access Control Manager
                              • C. Advanced Control System Administrator
                              • D. Application Data Source Manager
                              • E. Access incident Results Manager
                              Reveal Solution  Discussion  0

                              Correct Answer: A,E  🗳️

                              Question #3

                              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. Navigate to Monitor Jobs and click the message link for the export job.
                              • B. Click the Export File button.
                              • C. Open with an HTML editor.
                              • D. Click the Item Results link.
                              • E. Open with an XML editor, such as Excel.
                              Reveal Solution  Discussion  0

                              Correct Answer: A,B,E  🗳️

                              Question #4

                              Which two filters must be combined to identify different suppliers who use the same taxpayer ID? (Choose two.)

                              • A. Function filter grouping by "Supplier ID" where count is greater than 1.
                              • B. Standard filter where the "Supplier" object's "Allow Withholding Tax" is not blank.
                              • C. Function filter grouping by "Taxpayer ID" where count is greater than 1.
                              • D. Standard filter where the "Supplier" object's "Supplier ID" is equal to itself.
                              • E. Standard filter where the "Supplier" object's "Taxpayer ID" is not blank.
                              Reveal Solution  Discussion  0

                              Correct Answer: A,E  🗳️

                              Question #5

                              You have created security roles for the Procure-to-Pay (P2P) Control Manager for the EMEA region in your client's organization. But, there are two problems with his or her security configuration.
                              Problem 1: This person should not receive notifications to complete control assessments, but currently he or she does.
                              Problem 2: Also, although he or she has access to controls associated with EMEA, he or she is unable to access controls created for individual regions within EMEA.
                              You have given him or her the following job role:
                              * EMEA P2P Control Manager Job Role
                              * Seeded Control Manager Duty Composite
                              * Seeded Control Certification Assessor Duty Composite
                              * EMEA P2P Control Manager Data Security Policy
                              * Seeded Control Manager Data Security Policy
                              * Perspective filter where Region Perspective "equals" EMEA
                              * Perspective filter where Process Perspective "equals" P2P
                              Which two actions need to be taken to correct the problems? (Choose two.)

                              • A. While defining data security policy, set the perspective value to EMEA including all child nodes of the EMEA region.
                              • B. Remove Control Certification Assessor Composite from the EMEA P2P Control Manager job role.
                              • C. Add to the EMEA P2P Control Manager Data Security Policy the seeded Control Certification Assessor Data Security Policy.
                              • D. Create EMEA P2P Control Certification Assessor Data Security Policy striped by both EMEA and P2P perspectives and assign to the job role.
                              Reveal Solution  Discussion  0

                              Correct Answer: A,C  🗳️

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