Oracle 1Z1-1058 Actual Free Exam Questions & Community Discussion

Exam Code/Number: 1Z1-1058
Exam Name/Title: Oracle Risk Management Cloud 2019 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Risk Management Cloud

Exam Questions: 76
Updated On: Jul 03, 2026

Question #1

You have created security roles for the Procure-to-Pay (P2P) Control Manager for the EMEA region in your client's organization. But, there are two problems with his or her security configuration.
Problem 1: This person should not receive notifications to complete control assessments, but currently he or she does.
Problem 2: Also, although he or she has access to controls associated with EMEA, he or she is unable to access controls created for individual regions within EMEA.
You have given him or her the following job role:
* EMEA P2P Control Manager Job Role
* Seeded Control Manager Duty Composite
* Seeded Control Certification Assessor Duty Composite
* EMEA P2P Control Manager Data Security Policy
* Seeded Control Manager Data Security Policy
* Perspective filter where Region Perspective "equals" EMEA
* Perspective filter where Process Perspective "equals" P2P
Which two actions need to be taken to correct the problems? (Choose two.)

A. While defining data security policy, set the perspective value to EMEA including all child nodes of the EMEA region.

B. Remove Control Certification Assessor Composite from the EMEA P2P Control Manager job role.

C. Create EMEA P2P Control Certification Assessor Data Security Policy striped by both EMEA and P2P perspectives and assign to the job role.

D. Add to the EMEA P2P Control Manager Data Security Policy the seeded Control Certification Assessor Data Security Policy.

Discussion 0

Correct Answer: A,D Vote an answer

Question #2

Select three fields that are required to create an impromptu assessment. (Choose three.)

A. Reviewer

B. Due Date

C. Name

D. Template

E. Activity

F. Perspectives

Discussion 0

Correct Answer: B,C,D Vote an answer

Question #3

The internal auditor advised the Control Owner of North America to perform assessment for two P2P controls.
Which three steps can the Control Owner perform to kick-off assessments for only those two controls?
(Choose three.)

A. Enable impromptu assessments during configuration of module objects.

B. Initiate a planned assessment and include the two controls as part of the same assessment.

C. Initiate two planned assessments, one for each control.

D. Initiate a planned assessment that includes all controls assigned to perspective P2P.

E. Perform impromptu assessments for the two controls.

Discussion 0

Correct Answer: A,C,D Vote an answer

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 Issue Manager Composite

B. Seeded Risk Manager Composite, Control Manager Composite, and Issue Manager Composite

C. Seeded Risk Issue Manager and Control Issue Manager

D. Seeded Issue Manager Composite and Issue Validator Composite

Discussion 0

Correct Answer: B Vote an answer

Question #5

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 "Person" where the
"Expense Type" has an "In" condition for values that include taxi, car, mileage.

B. 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.

C. 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.

D. 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.

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.

Discussion 0

Correct Answer: B Vote an answer

Question #6

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 Controls were not related to any risk objects.

D. The Control Method was not set to a valid value.

Discussion 0

Correct Answer: D Vote an answer

Question #7

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

A. Abstract Role

B. Data Security Policy

C. Job Role

D. Functional Security Policy

Discussion 0

Correct Answer: B,D Vote an answer

Question #8

How do you populate the Control Method field with a new custom value, such as a third-party application'?

A. Use Lookup Type of the new lookup value.

B. Use Lookup Code of the new lookup value.

C. Use Lookup Meaning of the new lookup value.

D. Enter the new value directly in the Control method field.

Discussion 0

Correct Answer: D Vote an answer

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