Oracle 1Z1-958 Actual Free Exam Questions & Community Discussion

Exam Code/Number: 1Z1-958
Exam Name/Title: Oracle Risk Management Cloud 2018
Certification Provider: Oracle
Corresponding Certification: Oracle Risk Management Cloud

Exam Questions: 76
Updated On: Jul 15, 2026

Question #1

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 Entitlement

B. Fusion Access Condition

C. Access Point

D. Access Point and User Business Object

E. Access Point and Fusion Access Condition

Discussion 0

Correct Answer: A Vote an answer

Question #2

You have two segregation of duties requirements:
1) a user can access either the supplier creation pages or the invoice pages, but not both.
2) a user can access either the invoice creation pages or the payment creation pages, but not both.
How must these requirements be met in Advanced Access Controls?

A. Construct three controls, and create controls based on the models: "Create Supplier & Create Invoice",
"Create Invoice & Create Payment", "Create Supplier & Create Payment"

B. Construct one entitlement: "Create Supplier & Create Invoice & Create Payment"

C. Construct one model: "Create Supplier & Create Invoice & Create Payment"

D. Construct two models, and create controls based on the models: "Create Supplier & Create Invoice",
"Create Invoice & Create Payment"

E. Construct one model with three condition filters where the Function Name Equals "Create Supplier",
"Create Invoice" and "Create Payment"

Discussion 0

Correct Answer: C Vote an answer

Question #3

You want to identify Controls with the most Incidents, with the condition that the identified Controls should have 80% of all Incidents. To do this, you have imported a custom object that contains the number of incidents associated with each control, and have added that object to a transaction model.
Which pattern filter must you now apply?

A. Mean

B. Anomaly Detection

C. Absolute Deviation

D. Clustering

E. Pareto

Discussion 0

Correct Answer: E Vote an answer

Question #4

Which two should you determine to ensure that your client can successfully maintain and administer Perspectives post go-live? (Choose two.)

A. Identify lookup values that need to be created for Control, Risk, and Issue Type fields.

B. Identify users who will be responsible for creating and maintaining perspectives, both for security as well as reporting.

C. Identify if your client wants to review and/or approve new perspectives or changes made to existing perspectives.

D. Identify users who will be responsible for creating and maintaining controls and/or risks.

Discussion 0

Correct Answer: A,C Vote an answer

Question #5

How do you add values to a Risk Type list of values?

A. Add the lookup codes to the GRC_RISK_TYPE Lookup Type.

B. Use the default lookup codes because there is no way to update the existing ones.

C. Because you cannot add new values, update one of the existing lookup codes to what the client wants it to be.

D. Populate the Import template with the new values in the Issue Severity column on the Controls tab.

E. Add the lookup codes to the GRCM_RISK_TYPE Lookup Type.

Discussion 0

Correct Answer: E Vote an answer

Question #6

Identify the four statuses and states in which you can edit an issue's description, assuming you have the necessary privileges to edit the issue. (Choose four.)

A. Status: Open; State: In Edit

B. Status: Open; State: New

C. Status: On Hold; State: Awaiting Approval

D. Status: Closed; State: Closed - Awaiting Approval

E. Status: Open; State: Approved

F. Status: On Hold; State: In Review

G. Status: On-Hold; State: Reported

H. Status: Closed; State: Final Close

Discussion 0

Correct Answer: A,B,E,F Vote an answer

Question #7

What would happen to an access incident in Advanced Access Controls (AAC) that has been remediated and has a status of "Closed," but poses a conflict again during a subsequent evaluation of controls?

A. The incident remains in "Closed" status and additional remedial action cannot be taken.

B. The incident is deferred.

C. The incident remains in "Closed" status and assigned users receive a notification that additional access incidents have been identified.

D. The incident is copied and a new incident is created based on the original incident.

E. The incident status changes to "Assigned."

Discussion 0

Correct Answer: C,E Vote an answer

Question #8

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. A user sets the Status of the incident to "Resolved".

B. A user sets the State of the incident to "Remediate".

C. The incident is resolved in Fusion Cloud and a subsequent evaluation of controls finds that the incident no longer exists.

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.

Discussion 0

Correct Answer: B,C Vote an answer

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