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Oracle 1Z1-958 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Financial Reporting Compliance30%- Risk and control definition
- Perspectives and hierarchies
- Issue management and remediation
- Assessment setup and execution
Topic 2: Transaction Controls20%- Transaction model configuration
- Exception handling
- Monitoring and alerting
- Control rule definition
Topic 3: Integration and Administration10%- Data import/export
- System configuration and maintenance
- Integration with Fusion Applications
Topic 4: Risk Management Cloud Overview15%- Deployment options
- Architecture and components
- Security and access model
Topic 5: Advanced Access Controls25%- Control creation and monitoring
- Access risk analysis
- Segregation of duties (SoD) modeling
- Remediation and mitigation

Oracle Risk Management Cloud 2018 Sample Questions:

Question 1

Which part of the security structure cannot be created or viewed from the Security Console, when configuring security for Financial Reporting Compliance?

A. Composite Duty Role
B. Data Security Policy
C. Functional Security Policy
D. Job Role Perspective Policy


Question 2

A. Option B
B. Option C
C. Option A
D. Option D
E. What needs to be done to fix the mapping?


Question 3

You build an access model with two entitlements. Each entitlement has four access points. The entitlements do not have any access points in common.
How many access point combinations will be analyzed?

A. 16
B. 25
C. 8
D. 20
E. 4


Question 4

You are helping your client identify and define their controls. You have determined that your client requires two perspectives: Business Units and Regulatory Standards.
The controls are going to be secured by the business unit, and you want to ensure that when the client defines new controls, it is mandatory to assign a Business Units perspective to the control. You are going to set the
"Required" field to "yes" for the Control-Business Units association.
Where do you do this in the product?

A. The Manage Object Perspectives screen
B. The Import template
C. The Manage Module Perspectives screen
D. The Create Control screen
E. The Create Perspectives screen


Question 5

How do you populate the Control Method field with a new custom value, such as a third-party application'?

A. Use Lookup Meaning of the new lookup value.
B. Enter the new value directly in the Control method field.
C. Use Lookup Code of the new lookup value.
D. Use Lookup Type of the new lookup value.


Solutions:

Question 1
Answer: D
Question 2
Answer: A
Question 3
Answer: C
Question 4
Answer: E
Question 5
Answer: B

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