Oracle Risk Management Cloud 2018 : 1Z1-958

1Z1-958 testking pdf
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Exam Code: 1Z1-958

Exam Name: Oracle Risk Management Cloud 2018

Updated: Sep 28, 2026

Q & A: 76 Questions and Answers

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Oracle 1Z1-958 Exam Syllabus Topics:

SectionObjectives
Topic 1: Data Migration and Integration- Managing perspectives and hierarchies
- Importing risk and control data
Topic 2: Risk Management Cloud Overview- Purpose and features of Oracle Risk Management Cloud
- Key components and use cases
Topic 3: Reporting and Compliance Insights- Using analytics for compliance monitoring
- Risk reporting fundamentals
Topic 4: Risk and Control Implementation- Risk definitions and control design
- Relationships between risks and controls
Topic 5: Security and Access Control- Functional and data-level access control in risk management
- Configuring security roles and data policies
Topic 6: Assessments and Monitoring- Operational effectiveness assessments
- Certification and review workflows

Oracle Risk Management Cloud 2018 Sample Questions:

Question #1

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. Edit the assessment activity question and guidance text for all assessment types.
  • C. Set "object-perspective" association.
  • D. View assessment response details for all assessment types.
  • E. Create object data import templates.
Reveal Solution  Discussion  0

Correct Answer: A,C,D  🗳️

Question #2

You are building a transaction model to identify invoices with USD amounts that are greater than the supplier's average invoice amount. The order of the filters is important.
1. Add an "Average" Function filter grouping by "Supplier ID" where "Invoice Amount" is greater than 0.
2. Add a standard filter where "Invoice Currency" equals "USD."
3. Add a standard filter where the delivered "Average Value" attribute is less than "Invoice Amount." What is the correct order of the filters for this transaction model?

  • A. 2, 3, 1
  • B. 1, 3, 2
  • C. 1, 2, 3
  • D. 3, 2, 1
  • E. 2, 1, 3
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #3

Which two would need to happen in order for Advanced Access Controls (AAC) to automatically assign a status of "Closed" to an access incident? (Choose two.)

  • A. The incident is resolved in Fusion Cloud and a subsequent evaluation of controls finds that the incident no longer exists.
  • B. A user sets the Status of the incident to "Resolved".
  • C. A user sets the State of the incident to "Remediate".
  • D. A global condition was added that resolves the conflict and a subsequent evaluation of controls finds that the incident no longer exists.
  • E. The incident is resolved using simulation in AAC and a subsequent evaluation of controls finds that the incident no longer exists.
Reveal Solution  Discussion  0

Correct Answer: A,C  🗳️

Question #4

You have five business units in our company, BU1 through BU5. You want to build a transaction model to identify suppliers who have been paid more than $100,000 USD across all business units except BU5.
Which two filters must be combined? (Choose two.)

  • A. Add a standard filter where the "Payment" object's "Organization ID" equals BU1, BU2, BU3, BU4.
  • B. Add a function filter grouping by "Supplier ID" where the sum of "Payment Amount" is greater than
    100,000.
  • C. Add a standard filter where the "Payment" object's "Organization ID" equals BU5, and advanced option
    "Exclude" is checked.
  • D. Add a function filter grouping by "Organization ID" where the sum of "Payment Amount" is greater than 100,000.
  • E. Add a standard filter where the "Payment" object's "Organization ID" is equal to itself.
Reveal Solution  Discussion  0

Correct Answer: A,D  🗳️

Question #5

Which two options can be assigned to a duty role? (Choose two.)

  • A. Abstract Role
  • B. Functional Security Policy
  • C. Job Role
  • D. Data Security Policy
Reveal Solution  Discussion  0

Correct Answer: B,D  🗳️

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