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

• Question 71:

  Which three are true about implementing a best practice solution for Financial Reporting Compliance? (Choose three.)

  A. Large scope of project requires high effort for maintenance and administration.

  B. It promotes rapid implementation and go-live.

  C. It promotes go-live with minimal acceptance testing and user training.

  D. It provides maximum return on investment with minimum project risk.

  E. It promotes successful adoption and minimizes on-going cost of operation.

  Correct Answer: BDE

• Question 72:

  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.

  Correct Answer: ABE

• Question 73:

  You have scheduled quarterly assessments for a Control object at the beginning of the year with future dates. However, the test plans associated with the Control object were updated before the assessment could be started. Which statement is true about this scenario?

  A. The user will have the option to select the older or newer versions of the test plans during the assessment process.

  B. The scheduled assessment process will end in error.

  C. The assessment will be associated with the version of the test plans from the time of assessment initiation.

  D. The updated test plans will become available during the assessment.

  Correct Answer: C

• Question 74:

  The control manager needs to associate an existing test plan to an additional assessment type, Audit Test. The existing test plan is associated only with the Design Review assessment type. How can this be accomplished?

  A. The control manager should create a new test plan with Audit Test and Design Review as assessment types.

  B. The control's test plan should be updated to include both Audit Test and Design Review as assessment types.

  C. The control manager does not need to update the control because any initiated assessment will include all control test plans.

  D. The control's test plan should be updated to Audit Test as the assessment type.

  Correct Answer: B

• Question 75:

  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

  Correct Answer: CEF