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Oracle 1Z0-1058-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Risk Management Core Functions | 25% | - Define risk taxonomy and categories - Implement risk response and treatment plans - Perform risk assessment and scoring - Create and manage risk registers |
| Topic 2: Controls Management | 20% | - Map controls to risks - Control testing and certification - Design and implement control frameworks - Control deficiency management |
| Topic 3: Issues and Action Plans | 15% | - Manage issues lifecycle - Create and track action plans - Issue remediation and closure |
| Topic 4: Testing and Implementation Best Practices | 10% | - Plan and execute implementation testing - Change management and user adoption - Data migration considerations |
| Topic 5: Reporting and Analytics | 10% | - Generate standard and custom reports - Create dashboards and visualizations - Use analytics for risk insights |
| Topic 6: Configuring Oracle Risk Management Cloud | 20% | - Implement risk management configurations - Define organization structure and business hierarchy - Configure integration with external systems - Set up the application including users, roles, and security |
Oracle Risk Management Cloud 2021 Implementation Essentials Sample Questions:
1. Which two options can be assigned to a duty role? (Choose two.)
A) Data Security Policy
B) Functional Security Policy
C) Abstract Role
D) Job Role
2. Youhave imported risks in Financial Reporting Compliance using data migration. Your client is asking if you can add controls for these risks.
Which two statements are true? (Choose two.)
A) You can use the Data Migration tool to add control records for the existing risks.
B) To relate controls to risks, the risks must be in "approved" state.
C) You cannot use the Data Migration tool to add control records to map to existing risks.
D) You can manually add control definitions and relate them to the risks in Financial Reporting Compliance.
E) To relate controls, risks must be assigned to the same perspective that isassigned to the control you want to map it to.
3. Which part of the security structure cannot be created or viewed from the Security Console, when configuring security for Financial Reporting Compliance?
A) Data Security Policy
B) Functional Security Policy
C) Composite Duty Role
D) Job Role Perspective Policy
4. Your client needs to perform Design Review and Certification assessment for all their controls. Identify two options that show how this requirement can be met. (Choose two.)
A) Option C
B) Option E
C) Option B
D) Option A
E) Option D
5. 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) 20
B) 16
C) 25
D) 8
E) 4
Solutions:
| Question # 1 Answer: A,B | Question # 2 Answer: A,E | Question # 3 Answer: D | Question # 4 Answer: D,E | Question # 5 Answer: D |
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