Oracle 1z0-1058-23 exam dumps - Oracle Risk Management Cloud 2023 Implementation Professional

  • Exam Code: 1z0-1058-23
  • Exam Name: Oracle Risk Management Cloud 2023 Implementation Professional
  • Updated: Sep 09, 2026     Q & A: 77 Questions and Answers

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Oracle 1z0-1058-23 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Financial Reporting Compliance20-25%- Controls and Certifications
  • 1. Manage Financial Controls
  • 2. Issue Tracking and Remediation
  • 3. Compliance Monitoring
Topic 2: Transaction Controls20-25%- Transaction Monitoring
  • 1. Detect and Investigate Violations
  • 2. Configure Transaction Models
  • 3. Manage Incidents
Topic 3: Advanced Access Controls25-30%- Access Models
  • 1. Configure Access Models
  • 2. Segregation of Duties Controls
  • 3. Manage Access Risk Analysis
Topic 4: Risk Management Cloud Overview10-15%- Risk Management Cloud Architecture
  • 1. Risk Management Components
  • 2. Business Objectives and Use Cases
Topic 5: Reporting and Administration5-10%- System Management
  • 1. Security and Configuration
  • 2. Data Import and Maintenance
  • 3. Risk Management Reports
Topic 6: User Access Certification10-15%- Certification Campaigns
  • 1. Create Access Certifications
  • 2. Review and Certify User Access

Oracle Risk Management Cloud 2023 Implementation Professional Sample Questions:

Question #1

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

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Question #2

Which three objects can be related to issues when creating an issue on the Manage Issues page? (Choose three.)

  • A. Processes
  • B. Assessments
  • C. Risks
  • D. Perspectives
  • E. Controls
  • F. Test Plans
Answer: B,C,E

Explanation: Only visible for FreeDumps members. You can sign-up / login (it's free).

Question #3

Your client has configured separate roles for control assessor and control assessment reviewer. The control assessor has submitted his or her assessment. The control assessor realizes later that he or she has forgotten to attach a critical test evidence document to the assessment and needs to attach it now.
How can this be accomplished?

  • A. The assessor can request the reviewer to reject the assessment. After the assessment is rejected, the assessor can then attach the document and resubmit the assessment.
  • B. On the Assessment tab in the Control definition, the assessor can select the assessment and click the Complete Assessment button. He or she can attach the document and resubmit the assessment.
  • C. The assessor can request the reviewer to attach the document during the review.
  • D. On the Manage Assessments page, the assessor can select the assessment and click the Reopen button.He or she can then attach the document and resubmit the assessment.
Answer: D

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Question #4

Which two activities can be performed using Financial Reporting Compliance? (Choose two.)

  • A. Conduct intuitive audits of general ledger balances with journal details.
  • B. Review and approve the accuracy and completeness of control descriptions.
  • C. Provide self-service access to reporting and analysis against financial transactions.
  • D. Gain real-time access to live financial data and proactively resolve issues.
  • E. Continuously monitor financial transactions and role-based remediation of transaction incidents.
  • F. Review control assessment results, along with any effectiveness issues found.
Answer: B,E

Explanation: Only visible for FreeDumps members. You can sign-up / login (it's free).

Question #5

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 User Business Object
  • B. Access Point
  • C. Fusion Access Condition
  • D. Access Point and Fusion Access Condition
  • E. Access Entitlement
Answer: A

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