Oracle 1Z1-958 exam dumps - Oracle Risk Management Cloud 2018

  • Exam Code: 1Z1-958
  • Exam Name: Oracle Risk Management Cloud 2018
  • Updated: Oct 19, 2026     Q & A: 76 Questions and Answers

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1Z1-958 exam dumps

Oracle 1Z1-958 Exam Syllabus Topics:

SectionObjectives
Risk Analysis and Reporting- Risk Models
  • 1. Configuring risk models
    • 2. Evaluating risk exposure
      - Reporting Tools
      • 1. Audit and compliance reporting
        • 2. Dashboard configuration
          Risk Management Cloud Overview- Introduction to Oracle Risk Management Cloud
          • 1. Core concepts and architecture
            • 2. Integration with Oracle ERP Cloud
              Advanced Financial Controls- Control Results Analysis
              • 1. Reporting and audit evidence
                • 2. Incident tracking and resolution
                  - Transaction Controls
                  • 1. Monitoring transactions and alerts
                    • 2. Control definition and rules
                      Advanced Access Controls- Segregation of Duties (SoD)
                      • 1. Conflict detection and remediation
                        • 2. SoD policy definition and analysis
                          - Access Modeling
                          • 1. Access risk analysis
                            • 2. Role-based access controls

                              Oracle Risk Management Cloud 2018 Sample Questions:

                              Question #1

                              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 "Invoice Number" is equal to the "Payables Invoice" object's "Invoice ID."
                              • B. The "Payables Invoice" object's "Supplier ID" does not equal itself.
                              • C. The "Payables Invoice" object's "Invoice Number" is equal to itself.
                              • D. The "Payables Invoice" object's "Invoice Amount" is equal to itself.
                              • E. The "Payables Invoice" object's "Invoice ID" is similar to the "Payables Invoice" object's "Invoice Number".
                              Reveal Solution  Discussion  0

                              Correct Answer: A,B  🗳️

                              Question #2

                              Which filter can be used to identify expense reports that contain suspicious expense type combinations, such as, a report for a single trip that contains taxi, car rental, and mileage expenses?

                              • A. Inclusive function filter grouped by the "Expense Report Information" object's "Report Number" where the "Expense Type" has an "Equals" condition for values that include taxi, car, mileage.
                              • B. Inclusive function filter grouped by the "Expense Report Information" object's "Person" where the
                                "Expense Type" has an "In" condition for values that include taxi, car, mileage.
                              • C. Inclusive function filter grouped by the "Expense Report Information" object's "Person" where the
                                "Expense Type" has an "In" condition for values that include taxi, car, mileage.
                              • D. Inclusive function filter grouped by the "Expense Report Information" object's "Report Number" where the "Expense Type" has an "In" condition for values that include taxi, car, mileage.
                              • E. Inclusive function filter grouped by the "Expense Report Information" object's "Report Number" where the "Expense Type" has an "In" condition for values that include taxi, car, mileage.
                              Reveal Solution  Discussion  0

                              Correct Answer: D  🗳️

                              Question #3

                              Which two steps are required to set up two levels of approval for new controls, which are added after the initial import? (Choose two.)

                              • A. Identify the organizations or business units for which users will perform review or approval.
                              • B. On the Controls tab of the Import template, set the control state to NEW for each control record.
                              • C. Identify the other roles to be provided for control managers.
                              • D. Identify users who will perform control review and approval.
                              Reveal Solution  Discussion  0

                              Correct Answer: A,D  🗳️

                              Question #4

                              Your customer has a requirement to define an IT Compliance Manager job role with privileges to manage risks and controls, and the issues related to the risks and controls.
                              What are the duty roles that must be included in this job role to achieve this requirement?

                              • A. Seeded Risk Manager Composite, Control Manager Composite, and Issue Manager Composite
                              • B. Seeded Issue Manager Composite
                              • C. Seeded Risk Issue Manager and Control Issue Manager
                              • D. Seeded Issue Manager Composite and Issue Validator Composite
                              Reveal Solution  Discussion  0

                              Correct Answer: A  🗳️

                              Question #5

                              You want to identify Controls with the most Incidents, with the condition that the identified Controls should have 80% of all Incidents. To do this, you have imported a custom object that contains the number of incidents associated with each control, and have added that object to a transaction model.
                              Which pattern filter must you now apply?

                              • A. Mean
                              • B. Clustering
                              • C. Pareto
                              • D. Anomaly Detection
                              • E. Absolute Deviation
                              Reveal Solution  Discussion  0

                              Correct Answer: C  🗳️

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