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Oracle 1z0-1058-23 exam : Oracle Risk Management Cloud 2023 Implementation Professional

1z0-1058-23 Exam Questions
  • Exam Code: 1z0-1058-23
  • Exam Name: Oracle Risk Management Cloud 2023 Implementation Professional
  • Updated: Sep 10, 2026
  • Q & A: 77 Questions and Answers
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Oracle 1z0-1058-23 exam demo

Oracle 1z0-1058-23 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Security and Access Management20%- Assign users and roles
- Security requirements and model
- Audit and review security
- Define job, duty and data roles
Topic 2: Financial Reporting Compliance Configuration25%- Manage lookups and flexfields
- Configure module objects
- Initial environment setup
- Data migration and import/export
Topic 3: Risk Management Implementation Requirements15%- Overview of Oracle Risk Management Cloud
- Gather implementation requirements
- Plan security and configuration
- Identify key use cases
Topic 4: Assessments, Issues and Reporting15%- Monitor compliance and controls
- Track and resolve issues
- Generate reports and dashboards
- Create and manage assessments
Topic 5: Advanced Controls Configuration25%- Configure financial controls
- Manage results and incidents
- Configure access controls
- Define filters, functions and patterns

Oracle Risk Management Cloud 2023 Implementation Professional Sample Questions:

Question #1

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. Initiate a planned assessment that includes all controls assigned to perspective P2P.
  • B. Perform impromptu assessments for the two controls.
  • C. Initiate two planned assessments, one for each control.
  • D. Enable impromptu assessments during configuration of module objects.
  • E. Initiate a planned assessment and include the two controls as part of the same assessment.
Answer: B,C,E

Explanation: Only visible for RealExamFree members. You can sign-up / login (it's free).

Question #2

Which statement related to Advanced Access Controls is true?

  • A. If helps enforce segregation of duties.
  • B. It analyzes transaction records.
  • C. If helps perform risk analysis and evaluation.
  • D. It documents risks and controls.
Answer: A

Explanation: Only visible for RealExamFree members. You can sign-up / login (it's free).

Question #3

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

  • A. Abstract Role
  • B. Functional Security Policy
  • C. Data Security Policy
  • D. Job Role
Answer: B,C

Explanation: Only visible for RealExamFree members. You can sign-up / login (it's free).

Question #4

After generating an XML file export of Advanced Controls perspectives, you receive a message that the export job has been generated.
What are the three steps you need to perform in order to download and review the formatted export file?
(Choose three.)

  • A. Open with an HTML editor.
  • B. Click the Item Results link.
  • C. Open with an XML editor, such as Excel.
  • D. Click the Export File button.
  • E. Navigate to Monitor Jobs and click the message link for the export job.
Answer: A,D,E

Explanation: Only visible for RealExamFree members. You can sign-up / login (it's free).

Question #5

The control manager needs to associate an existing test plan to an additional assessment type, Audit Test. The existing test plan is associated only with the Design Review assessment type.
How can this be accomplished?

  • A. The control's test plan should be updated to include both Audit Test and Design Review as assessment types.
  • B. The control's test plan should be updated to Audit Test as the assessment type.
  • C. The control manager should create a new test plan with Audit Test and Design Review as assessment types.
  • D. The control manager does not need to update the control because any initiated assessment will include all control test plans.
Answer: A

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