Oracle 1Z0-1058-21 Dumps : Oracle Risk Management Cloud 2021 Implementation Essentials

1Z0-1058-21 real exams

Exam Code: 1Z0-1058-21

Exam Name: Oracle Risk Management Cloud 2021 Implementation Essentials

Updated: Sep 07, 2025

Q & A: 77 Questions and Answers

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Oracle Risk Management Cloud 2021 Implementation Essentials Sample Questions:

1. You have completed the data import process with no errors. You created process, risks, controls, and one perspective. Controls were related to perspectives. You have provided the customer with the Control Manager security role. When the customer logs in to Financials Risk Compliance (FRC), the customer cannot see any controls.
Which step was missed during the import process?

A) Data security policies for Controls were not created.
B) The parent process was never approved.
C) The Control Method was not set to a valid value.
D) The Controls were not related to any risk objects.


2. You areimplementing 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
B) Access Point and Fusion Access Condition
C) Access Point and User Business Object
D) Access Entitlement
E) Fusion Access Condition


3. 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 thistransaction model?

A) 3, 2, 1
B) 1, 3, 2
C) 2, 1, 3
D) 1, 2, 3
E) 2, 3, 1


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

A) Job Role
B) Abstract Role
C) Data Security Policy
D) Functional Security Policy


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


Solutions:

Question # 1
Answer: C
Question # 2
Answer: D
Question # 3
Answer: D
Question # 4
Answer: C,D
Question # 5
Answer: A

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