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Oracle 1Z1-1058 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Risk Management Cloud 2020 Implementation Essentials
Exam Number:1Z0-1058-20
Exam Duration:105 minutes
Exam Price:$245 USD
Passing Score:65%
Certificate Validity Period:Oracle Cloud Certification Policy Applies
Exam Format:Multiple Choice
Related Certifications:Oracle Risk Management Cloud 2020 Certified Implementation Specialist
Real Exam Qty:60
Available Languages:English
Sample Questions: DOWNLOAD DEMO
Exam Way:Pearson VUE Testing Center or Oracle Online Proctored Exam
Pre Condition:Oracle recommends hands-on implementation experience and knowledge of Oracle ERP Cloud applications. No mandatory prerequisite exam.
Official Syllabus URL:https://education.oracle.com/oracle-risk-management-cloud-2020-certified-implementation-specialist/trackp_ERM2020

Oracle 1Z1-1058 Exam Syllabus Topics:

SectionObjectives
Financial Reporting Compliance- Compliance Management
  • 1. Compliance Monitoring
  • 2. Process Documentation
  • 3. Control Testing
Advanced Financial Controls- Financial Controls Configuration
  • 1. Transaction Models
  • 2. Financial Control Rules
  • 3. Exception Management
Configuring Security- Security Administration
  • 1. User and Role Management
  • 2. Access Control Configuration
  • 3. Privilege Assignment
Initial Configuration and Data Migration- Environment Setup
  • 1. Enterprise Configuration
  • 2. Security Initialization
  • 3. Data Import and Migration
Reporting and Analytics- Reporting
  • 1. Audit and Compliance Reporting
  • 2. Transaction Business Intelligence
  • 3. Dashboards and Reports
Advanced Access Controls- Access Control Configuration
  • 1. Segregation of Duties Analysis
  • 2. Access Models
  • 3. User Access Monitoring
Assessments and Surveys- Assessment Framework
  • 1. Risk Evaluation
  • 2. Survey Configuration
  • 3. Assessment Templates
Risk Management Objects- Object Management
  • 1. Control Objects
  • 2. Risk Objects
  • 3. Issue Management
Gather Implementation Requirements- Business Requirements Analysis
  • 1. Business Process Assessment
  • 2. Risk Management Cloud Overview
  • 3. Implementation Planning

Oracle 1Z1-1058 Exam: Standout Answers

The Oracle Risk Management Cloud 2019 Implementation Essentials blueprint spans 9 domains — including Initial Configuration and Data Migration, Gather Implementation Requirements, Advanced Access Controls. The complete outline above lists every subtopic; work them from heaviest to lightest.

$245 USD per attempt, 65% to pass. Retakes cost the full fee — act now and prepare properly with the 76 practice questions for the 1Z1-1058 exam at SureTorrent.

Yes — download the free Oracle Risk Management Cloud 2019 Implementation Essentials demo and preview the quality before paying. Purchases include 365 days of free updates by email; renew afterward at 50% off.

Oracle recommends hands-on implementation experience and knowledge of Oracle ERP Cloud applications. No mandatory prerequisite exam. Eligibility rules change over time, so verify the current requirements on the official page (official 1Z1-1058 exam page) before registering.

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The Oracle Risk Management Cloud 2019 Implementation Essentials is Oracle's certification exam for Oracle Risk Management Cloud, at the Implementation Specialist level. A compelling certification highlights you — from common to standout. Related credentials include Oracle Risk Management Cloud 2020 Certified Implementation Specialist.

Oracle Risk Management Cloud 2019 Implementation Essentials Sample Questions:

Question #1

How do you associate a risk to a control?

  • A. On the Related Controls tab of risk definition, add the control.
  • B. To associate a control to a risk, the control needs to be in the Review state.
  • C. The only way to create risk-control associations is through data import.
  • D. On the Related Objects tab of control definition, add the risk.
  • E. In the related object section of process definition, add the control to the risk.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #2

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. 25
  • B. 4
  • C. 16
  • D. 8
  • E. 20
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #3

Which controls can user A access and manage for the following Control Manager role configuration? See details of perspective trees and control-perspective association below.

  • A. None
  • B. Only Control 1
  • C. Controls 1, 2, and 3
  • D. All controls
  • E. Controls 2 and 3
Reveal Solution  Discussion  0

Correct Answer: E  🗳️

Question #4

You have 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 cannot use the Data Migration tool to add control records to map to existing risks.
  • B. You can manually add control definitions and relate them to the risks in Financial Reporting Compliance.
  • C. To relate controls to risks, the risks must be in "approved" state.
  • D. You can use the Data Migration tool to add control records for the existing risks.
  • E. To relate controls, risks must be assigned to the same perspective that is assigned to the control you want to map it to.
Reveal Solution  Discussion  0

Correct Answer: D,E  🗳️

Question #5

Your client has asked you to define a transaction model to identify duplicate invoices based on Invoice Numbers and Invoice Amounts.
Which two standard filters can be combined to accomplish this? (Choose two.)

  • A. The "Payables Invoice" object's "Invoice Number" is equal to the "Payables Invoice" object's "Invoice ID."
  • B. The "Payables Invoice" object's "Invoice Number" is equal to itself.
  • C. The "Payables Invoice" object's "Supplier ID" does not equal itself.
  • D. The "Payables Invoice" object's "Invoice Amount" is equal to itself.
  • E. The "Payables Invoice" object's "Invoice ID" is similar to the "Payables Invoice" object's "Invoice Number".
Reveal Solution  Discussion  0

Correct Answer: A,C  🗳️

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