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

Oracle 1Z0-1058-20 Online Questions & Answers

• Question 51:

  You have created a risk definition R100 and have created a new control C100 for this risk. No user has been assigned the Risk or Control reviewer and approver roles. What will be the state of R100 and C100 after submitting?

  A. Both R100 and C100 will be in the "In Review" state.
  B. Both R100 and C100 will be in the "Awaiting Approval" state.
  C. Both R100 and C100 will be in the "Approved" state.
  D. Both R100 and C100 will be in the "New" state.
  B. Both R100 and C100 will be in the "Awaiting Approval" state.

• Question 52:

  Which statement related to Advanced Access Controls is true?

  A. If helps enforce segregation of duties.
  B. If helps perform risk analysis and evaluation.
  C. It analyzes transaction records.
  D. It documents risks and controls.
  A. If helps enforce segregation of duties.

• Question 53:

  When validating imported data, the control manager at your client has identified an incorrect Risk- Control mapping; that is, Control A was mapped incorrectly to Risk B instead of Risk.

  What needs to be done to fix the mapping?

  

  A. Option A
  B. Option B
  C. Option C
  D. Option D
  B. Option B

• Question 54:

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

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

• Question 55:

  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. 1, 2, 3
  C. 2, 3, 1
  D. 3, 2, 1
  E. 2, 1, 3
  B. 1, 2, 3

• Question 56:

  You completed the data migration successfully. You created 100 controls, an Organization Perspective, and relationship of controls to the Organization Perspective. All controls are related to one perspective item. The Control Manager logs in

  to the application to view the new controls, yet there are none available for his or her review.

  Identify three reasons for this. (Choose three.)

  A. The Control Manager was not given the correct data security policy to access the controls.
  B. The Perspective Hierarchy was not associated to the Control Object.
  C. There was no Control Type associated with the controls.
  D. The Perspective Hierarchy is not in the Approved state.
  E. No risks were mapped to the imported controls.
  A. The Control Manager was not given the correct data security policy to access the controls.
  C. There was no Control Type associated with the controls.
  E. No risks were mapped to the imported controls.

• Question 57:

  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 Control Manager
  B. Advanced Control System Administrator
  C. Access incident Results Manager
  D. Application Data Source Manager
  E. Access Model Manager
  C. Access incident Results Manager
  E. Access Model Manager

• Question 58:

  When running Synchronize Transaction from the Data Sources page of Application Configurations, which statement is true when you have two models using invoice and payment business objects?

  A. One job will run for the two objects based on transactions dated before the Transaction Created As of Date.
  B. One job will run for the two objects and the Transaction Created As of Date has no impact on the data.
  C. One job will run for the two objects based on transactions dated after the Transaction Created As of Date.
  D. Two jobs will run for the two objects based on transactions dated after the Transaction Created As of Date.
  C. One job will run for the two objects based on transactions dated after the Transaction Created As of Date.

• Question 59:

  You have completed the data import process with no errors. You created process, risks, controls, and one perspective. Controls were related to perspectives. You have provided the customer with the Control Manager security role. When the

  customer logs in to Financials Risk Compliance (FRC), the customer cannot see any controls.

  Which step was missed during the import process?

  A. Data security policies for Controls were not created.
  B. The Controls were not related to any risk objects.
  C. The parent process was never approved.
  D. The Control Method was not set to a valid value.
  D. The Control Method was not set to a valid value.

• Question 60:

  Select three fields that are required to create an impromptu assessment. (Choose three.)

  A. Due Date
  B. Template
  C. Name
  D. Reviewer
  E. Perspectives
  F. Activity
  A. Due Date
  B. Template
  C. Name