Oracle Oracle Certifications 1Z0-1058-23 Questions & Answers

• Question 11:

  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.

  Correct Answer: AD

• Question 12:

  You can relate objects in Financial Reporting Compliance. Which statement is true about editing or creating related objects in the Related Objects section on the Risk Definition page?

  A. You can relate only process objects.

  B. You can relate a new process and a new control.

  C. You can relate only control objects.

  D. You can relate only an existing control, but not a new control.

  Correct Answer: B

• Question 13:

  You have defined an initial Perspective Hierarchy for your client in the Advanced Controls module. After refining their business requirements, your client wants to expand the existing hierarchy to include 150 perspective items in various levels.

  For efficient processing, you decide to use the GRC data migration feature to import the new items.

  Which three are valid processing steps required to define the export file? (Choose three.)

  A. Navigate to Risk Management Tools > Setup and Administration > Data Migration, and select Advanced Controls.

  B. Generate Template as Without Data.

  C. Navigate to Manage Module Perspectives.

  D. Generate Template as Without Data ?Perspectives Only.

  E. Click the Create Import Template button.

  Correct Answer: ABC

• Question 14:

  Which three statements are true about the purpose of perspectives? (Choose three.)

  A. Perspectives can be used to define user privileges.

  B. Perspectives can be used for categorizing Financial Reporting Compliance objects.

  C. Perspectives can be used to represent regional hierarchies.

  D. Perspectives are used to enable data security on Financial Reporting Compliance objects.

  E. Perspectives enable functional security in Financial Reporting Compliance.

  Correct Answer: CDE

• Question 15:

  Your client is configuring their Test pod (which has no data) and has created their initial import template with controls, test plans, perspectives, and perspective-control mappings. They have used custom list of values for Control Frequency. Which three tasks must be completed before performing the data import? (Choose three.)

  A. Validate that all nods on the Perspective Item tab are covered on the Perspective Hierarchy tab.

  B. Validate that the control-perspective relationship has been created in Manage Module Perspectives.

  C. Validate that new lookup values are created for any custom list of values.

  D. Validate that there are no duplicate worksheet IDs within the same worksheet.

  E. Validate that the System ID column is populated correctly.

  Correct Answer: ACE

• Question 16:

  During implementation, you created a Financial Reporting Compliance superuser and assigned this user the following roles: Enterprise Risk and Control Manager IT Security Manager Employee

  The superuser logs in to Financial Reporting Compliance but is not able to create new Data Security Policies. What is wrong?

  A. The superuser's account is inactive and his or her account needs to be activated.

  B. The application will not allow a user to both create users and assign them roles.

  C. The superuser's account is created but the synchronization jobs have not been run.

  D. The superuser's account is not yet approved by his or her supervisor in Financial Reporting Compliance.

  Correct Answer: C

• Question 17:

  You are remediating access incidents in Advanced Access Controls (AAC), and have just completed the remediation of a segregation of duties conflict for users in Fusion Security by removing the conflicting access from the users. What status do you set for the incident in AAC?

  A. Resolved

  B. Remediation

  C. Remedy

  D. Authorized

  E. Accepted

  Correct Answer: B

• Question 18:

  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

  Correct Answer: B

• Question 19:

  Your client has subscribed to Financial Reporting Compliance and would like to address risks using treatment plans. Which option shows the settings that will help in achieving this configuration?

  A. Configure Module Perspectives > Edit Financial Reporting Compliance > Risk-Organization mapping set to required, active.

  B. Configure Module Objects > Edit Risk Object Configuration > Treatment = Show

  C. Configure Module Objects > Edit Risk Object Configuration > Treatment = Hide and Default

  D. Configure Module Objects > Edit Control Object Configuration > Result = Show

  E. Configure Module Objects > Edit Risk Object Configuration > Result = Show

  Correct Answer: D

• Question 20:

  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.

  Correct Answer: B