Oracle 1Z0-1058-20 Online Practice Questions and Exam Preparation

Oracle 1Z0-1058-20 Online Questions & Answers

• Question 21:

  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.
  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.

• Question 22:

  You are designing data for data import. The customer decided that they want to secure controls based on their company organization. Which three worksheets of the import template are required to accomplish this requirement? (Choose three.)

  A. Perspective Items
  B. Controls
  C. Control Test Plans
  D. Perspective-Control
  A. Perspective Items
  B. Controls
  C. Control Test Plans

• Question 23:

  Which three objects can be related to issues when creating an issue on the Manage Issues page? (Choose three.)

  A. Test Plans
  B. Assessments
  C. Processes
  D. Perspectives
  E. Risks
  F. Controls
  C. Processes
  E. Risks
  F. Controls

• Question 24:

  Which three steps can be performed by using the Configure Module Objects pages? (Choose three.)

  A. Choose display (or hide) configurable options for: results, events, consequences and treatments.
  B. Set "object-perspective" association.
  C. Create object data import templates.
  D. Edit the assessment activity question and guidance text for all assessment types.
  E. View assessment response details for all assessment types.
  A. Choose display (or hide) configurable options for: results, events, consequences and treatments.
  B. Set "object-perspective" association.
  E. View assessment response details for all assessment types.

• Question 25:

  Which two should you determine to ensure that your client can successfully maintain and administer Perspectives post go-live? (Choose two.)

  A. Identify if your client wants to review and/or approve new perspectives or changes made to existing perspectives.
  B. Identify lookup values that need to be created for Control, Risk, and Issue Type fields.
  C. Identify users who will be responsible for creating and maintaining perspectives, both for security as well as reporting.
  D. Identify users who will be responsible for creating and maintaining controls and/or risks.
  A. Identify if your client wants to review and/or approve new perspectives or changes made to existing perspectives.
  B. Identify lookup values that need to be created for Control, Risk, and Issue Type fields.

• Question 26:

  You are implementing Advanced Access Controls for a client. You need to create a model that returns users who have been assigned a specified access point but excludes a specific operating unit. Which business object(s) do you need to add to your model to accomplish this objective?

  A. Access Point and Fusion Access Condition
  B. Access Entitlement
  C. Access Point and User Business Object
  D. Access Point
  E. Fusion Access Condition
  B. Access Entitlement

• Question 27:

  Which three tasks should be completed before starting the Financial Reporting Compliance implementation? (Choose three.)

  A. Migrate the organization's existing risk and control matrix into Financial Reporting Compliance.
  B. Complete control review and assessment for one period/cycle with the actual business owners.
  C. Create a project plan with objectives, goals, and exit criteria.
  D. Identify Financial Reporting Compliance users for everyday use, administration, and sustained use.
  E. Plan to go-live with a simple scope and later expand the solution to include additional business units/organizations/compliance frameworks.
  B. Complete control review and assessment for one period/cycle with the actual business owners.
  D. Identify Financial Reporting Compliance users for everyday use, administration, and sustained use.
  E. Plan to go-live with a simple scope and later expand the solution to include additional business units/organizations/compliance frameworks.

• Question 28:

  You need to schedule the report "Access Violations by User." Which two steps do you take to create the saved parameters for the report schedule? (Choose two.)

  A. Navigate to Administration Reports.
  B. Highlight the report name and click Run Now.
  C. Navigate to Scheduling under Setup and Administration.
  D. Click Save Report Parameters to create saved settings.
  E. Select Display Scheduled Reports.
  B. Highlight the report name and click Run Now.
  D. Click Save Report Parameters to create saved settings.

• Question 29:

  You are gathering requirements on how your client performs control assessments. Which three tasks should you complete to set up assessments in Financial Reporting Compliance? (Choose three.)

  A. Identify the type of assessments included in each assessment cycle.
  B. Understand the sample size for each audit test.
  C. Determine if control assessments are planned ahead of time or are run impromptu.
  D. Determine the main objectives of deploying the control.
  E. Determine whether assessments templates, plans, and completed assessments need to go through a review and approve workflow.
  B. Understand the sample size for each audit test.
  C. Determine if control assessments are planned ahead of time or are run impromptu.
  E. Determine whether assessments templates, plans, and completed assessments need to go through a review and approve workflow.

• Question 30:

  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. 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.
  B. Select Actions > Create Access Control from the "Controls" tab of Advanced Controls.
  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. 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.
  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.