1Z0-1058 Real Exam Questions and Verified Answers

Question 1 Multiple choice

When you view or edit a transaction incident, you may see extra columns that are not present in the business objects used in the control.

What three kinds of control logic or conditions can cause this? (Choose three.)

A
Equals (when the same attribute is used on both sides of the condition)
B
Not in
C
Similar
D
Average Function
E
Between (when using a date attribute)

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Correct answers: B, D, E

Question 2 Multiple choice

Your client has asked you to define a transaction model to identify duplicate invoices based on Invoice Numbers and Invoice Amounts.

Which two standard filters can be combined to accomplish this? (Choose two.)

A
The "Payables Invoice" object's "Supplier ID" does not equal itself.
B
The "Payables Invoice" object's "Invoice ID" is similar to the "Payables Invoice" object's "Invoice Number".
C
The "Payables Invoice" object's "Invoice Amount" is equal to itself.
D
The "Payables Invoice" object's "Invoice Number" is equal to the "Payables Invoice" object's "Invoice
ID."
E
The "Payables Invoice" object's "Invoice Number" is equal to itself.

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Correct answers: A, D

Question 3 Multiple choice

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 operating unit attribute, select the operating unit value, and then perform an 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 operating unit attribute, select the operating unit value, and then perform an 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 within same operating unit attribute, select the value yes, and then perform your exclusion though the
advanced options check box.
D
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.
E
In a model, create a new condition logic filter, select the operating unit attribute and select the operating unit value.

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Correct answers: C, D

Question 4 Single choice

At the last step of initiating assessments, the assessment manager sees who the assessment participants are (to complete, review, and approve the assessments).
If the assessment manager wants to change the participant, who completes the assessment, what should he or she do?

A
Modify the perspective hierarchy in the last step of initiating assessments.
B
Modify the participant list in the last step of initiating assessments.
C
Request the administrator to change the Perspective in Data Security Policy for the Control Manager's
job role.
D
It is not possible to change the participants after Data Security Policies are assigned.
E
Request the administrator to assign Data Security Policies with correct perspectives to the Assessor's
job role.

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Correct answer: B

Question 5 Multiple choice

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.

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Correct answers: B, C, E

Question 6 Multiple choice

Which two options can be assigned to a duty role? (Choose two.)

A
Functional Security Policy
B
Abstract Role
C
Data Security Policy
D
Job Role

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Correct answers: A, C

Question 7 Single choice

A Control Manager has changed the status of an issue to "In Remediation" and has submitted it.

What will be the state of the Issue if there is no issue validator, reviewer, or approver configured?

A
In Review
B
Active
C
Reported
D
Approved
E
In Edit

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Correct answer: C

Question 8 Single choice

You are validating your customer's import template before import. The customer requires that all controls be set up so they are noted to be used for the Audit Test assessment type.

How do you verify that this has been done?

A
The Assessment Flag and the Audit Testing Flag are both set to "Y."
B
The Control has a related process.
C
The Control status filed is set to "Audit Test."
D
The Control comment filed has a notation for "Audit Test."

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Correct answer: B

Question 9 Single choice

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

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Correct answer: B

Question 10 Single choice

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

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Correct answer: B