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Oracle 1Z0-1058-21 real answers - Oracle Risk Management Cloud 2021 Implementation Essentials

1Z0-1058-21
  • Exam Code: 1Z0-1058-21
  • Exam Name: Oracle Risk Management Cloud 2021 Implementation Essentials
  • Updated: May 27, 2026
  • Q & A: 77 Questions and Answers
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Oracle Risk Management Cloud 2021 Implementation Essentials Sample Questions:

1. You are advising your client on design and configuration related to how access incident results will be viewed and managed. The client has provided a list of business requirements:
* Incident results can be viewed by Department
* Groups of investigators receive assigned incidents based on Department
* Must ensure systematically that no incident is unassigned to an investigator Which three must be configured to support these requirements? (Choose three.)

A) Worklist assignment Result Investigator should be set to "All Eligible Users"
B) Investigators are assigned job roles with custom Department perspective data roles attached for managing incidents. Other incident users are assigned job roles with custom Department perspective data roles attached for viewing only.
C) Custom perspective for Department linked to the Results object with Required set to "No"
D) Investigators are assigned job roles with custom Department perspective data roles attached. Other incidentusers receive job roles which only allow viewing of incidents.
E) Custom perspective for Department linked to the Results object with Required set to "Yes"
F) Worklist assignment Result Investigator should be set to specific users.


2. When validating imported data, the control manager at your client has identified anincorrect Risk-Control mapping; that is, Control A was mapped incorrectly to Risk B instead of Risk A.
What needs to be done to fix the mapping?

A) Option B
B) Option D
C) Option C
D) Option A


3. Identify the fourstatuses 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: Closed; State: Final Close
B) Status: Open; State: Approved
C) Status: On-Hold; State: Reported
D) Status: Closed; State: Closed - Awaiting Approval
E) Status: Open; State: New
F) Status: Open; State: In Edit
G) Status: On Hold; State: In Review
H) Status: On Hold; State: Awaiting Approval


4. You have built a transaction model to identify possible duplicate charges between invoicing and expense credit cards. The model logic already includes twostandard filters that identify amounts and suppliers that are the same or similar, as shown:

Which additional date filter will further refine the set of duplicate charges found?

A) The "Payables Invoice" object's "Invoice Date" attribute is similar to the "Expense Report Credit Card Transaction" object's "Transaction Date" attribute within +/- 10 days.
B) The "Expense Report Credit Card Transaction" object's "Transaction Date" attribute is not blank.
C) The "Expense Report Credit Card Transaction" object's "Last Updated Date" attribute is greater than the "Relative Value" of 3 months.
D) The "Payables Invoice" object's "Invoice Date" attribute is greater than the "Expense Report Credit Card Transaction" object's "Transaction Date" attribute.


5. 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 is copied and a new incident is created based on the original incident.
B) The incident is deferred.
C) The incident remains in "Closed" status and additional remedial action cannot be taken.
D) The incident remains in "Closed" status and assigned users receive a notification that additional accessincidents have been identified.
E) The incident status changes to "Assigned."


Solutions:

Question # 1
Answer: A,D,F
Question # 2
Answer: A
Question # 3
Answer: B,E,F,G
Question # 4
Answer: A
Question # 5
Answer: D,E

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