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Last Updated: Jun 11, 2026

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Preparation Guide for Oracle Risk Management Cloud 2020 Implementation Essentials 1z0-1058-20 Exam

Introduction

Oracle offers the most encompassing, up-to-date, and sought after global training and certification program for IT professionals.

Certification is evidence of your skills, expertise in those areas in which you like to work. If the candidate wants to work on 1z0-1058-20 and prove his knowledge, Certification offered by Oracle. This 1z0-1058-20 Certification helps a candidate to validates his skills in risk management implementation, data Migration, Financial reporting.

In this guide, we will cover the 1z0-1058-20 Exam, 1z0-1058-20 Certified professional salary and all aspects of the 1z0-1058-20 Certification.

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Topics of Oracle Risk Management Cloud 2020 Implementation Essentials 1z0-1058-20 Exam

Candidates must know the exam topics before they start of preparation. Our 1z0-1058-20 Dumps will include the following topics:

1. Gather Requirements for Risk Management Implementation (fka Gather Requirements for Financial Reporting Compliance Implementation)

  • Plan to gather information for the implementation
  • Implement the Best Practice Process
  • Describe Objects
  • Describe Risk Management (fka Describe Financial Reporting Compliance)
  • Design Perspectives, both as it relates to security and reporting

2. Data Migration

  • Explain the steps to import and export data
  • Assemble existing risk control matrix data
  • Validate an import template prior to import
  • Troubleshoot errors during an import
  • Populate an import template

3. Manage Objects

  • Create Control Test Plans
  • Create Review and Approve workflows for objects
  • Describe how to create objects
  • Relate objects to one another

4. Manage Issues

  • Create and manage issues
  • Manage the issue resolution process
  • Explain security for Issues
  • Describe an Issue lifecycle

5. Advanced Access Controls (fka Application Access Controls Governor)

  • Explain Simulation and Remediation
  • Configure Conditions
  • Explain Entitlements
  • Create and manage Models and Controls

6. Initial Financial Reporting Compliance Configuration (fka Initial Configuration)

  • Configure a pod for Financial Reporting Compliance Implementation
  • Configure and manage Lookups
  • Configure Module Objects

7. Security

  • Describe jobs and processes related to security
  • Describe Job roles, Duty roles, and Data Security policies
  • Configure and create Perspective-based Data Security policies
  • Configure and assign Job and Duty roles

8.Manage Assessments

  • Initiate planned assessments
  • Explain planned and ad-hoc assessments
  • Complete assessments
  • Initiate ad-hoc assessments
  • Create assessment templates and plans

9. Initial Advanced Controls Configuration (fka Fusion GRC Set Up and Administration)

  • Create and manage Perspectives
  • Configure security
  • Explain reporting
  • Describe modules

10. Advanced Financial Controls (fka Transaction Controls Governor)

  • Describe Models and Controls
  • Explain Result Management
  • Configure Patterns
  • Configure Filters
  • Configure Functions

Reference: https://education.oracle.com/oracle-risk-management-cloud-2020-implementation-essentials/pexam_1Z0-1058-20

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