Exam Name: Oracle Risk Management Cloud 2018
Certification Provider: Oracle
Corresponding Certification: Oracle Risk Management Cloud
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Oracle 1Z1-958 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Risk Analysis and Reporting | - Reporting Tools
|
| Topic 2: Advanced Financial Controls | - Control Results Analysis
|
| Topic 3: Risk Management Cloud Overview | - Introduction to Oracle Risk Management Cloud
|
| Topic 4: Advanced Access Controls | - Access Modeling
|
Oracle 1Z1-958 Exam: FAQ for Future Passers
Oracle Risk Management Cloud 2018 is an official Oracle certification exam, listed under the code 1Z1-958. Passing it earns the Oracle Risk Management Cloud Certified Implementation Specialist certification at the Professional level. It also ties into Oracle Financials Cloud, Oracle ERP Cloud, Oracle Cloud Implementation Specialist. In an era of lifelong learning, this credential is one of the most efficient ways to prove your skills keep pace.
Oracle Risk Management Cloud 2018 gives you Approximately 55–75 questions questions across 120 minutes. The efficient approach: one to two hours of daily timed practice in the ActualTestsIT engine builds both the knowledge and the pacing, so exam day feels like simply another well-run session.
Passing Oracle Risk Management Cloud 2018 takes Approximately 65%–70% (Oracle does not always publicly disclose exact passing score), and the official registration fee is $245 USD (may vary by country). Retakes cost the full $245 USD (may vary by country) again, so treat your ActualTestsIT practice scores as the decision-maker: book when the passing line sits below your everyday results, not your best ones.
The Oracle Risk Management Cloud 2018 syllabus is organized into 4 domains, led by Risk Analysis and Reporting, Advanced Access Controls, and Advanced Financial Controls. The complete breakdown is above on this page; it is the fastest way to learn where your limited preparation hours belong.
Recommended knowledge of Oracle ERP Cloud / Financials Cloud and basic understanding of internal controls and compliance frameworks.
Vendor policies are revised periodically, so verify the current requirements before registering via the official exam page.
Registration for Oracle Risk Management Cloud 2018 goes through the official channels below.
For planning: the exam is delivered Computer-based exam delivered via Pearson VUE (online proctored or test center, depending on region).
Oracle recommends the following training for Oracle Risk Management Cloud 2018 candidates.
Follow any training with daily practice on the 76 questions in the ActualTestsIT 1Z1-958 package; sorted by authorized expert groups, they turn course theory into exam-ready skill.
Yes on both counts. Download the free demo of the Oracle Risk Management Cloud 2018 questions first, and browse the comments written by former customers for a second opinion. After purchase, new versions are sent to you as soon as they release, free for 365 days; after expiry, extending the update service costs 50% of the regular price.
Worry-free means a 100% money-back guarantee with stated conditions. Take the Oracle Risk Management Cloud 2018 exam within 60 days of purchase; if you fail, you may claim a full refund, provided the exam matches your product. Attempts within 3 days of purchase are ineligible, as are downloaded-but-unused products, free materials, and expired orders; the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are processed within 7 days. Alternatively, exchange for two other exam products of equal value, free, keeping the update service on your original purchase.
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Oracle Risk Management Cloud 2018 Sample Questions:
You have five business units in our company, BU1 through BU5. You want to build a transaction model to identify suppliers who have been paid more than $100,000 USD across all business units except BU5.
Which two filters must be combined? (Choose two.)
- A. Add a standard filter where the "Payment" object's "Organization ID" equals BU5, and advanced option
"Exclude" is checked. - B. Add a standard filter where the "Payment" object's "Organization ID" is equal to itself.
- C. Add a function filter grouping by "Supplier ID" where the sum of "Payment Amount" is greater than
100,000. - D. Add a function filter grouping by "Organization ID" where the sum of "Payment Amount" is greater than 100,000.
- E. Add a standard filter where the "Payment" object's "Organization ID" equals BU1, BU2, BU3, BU4.
Correct Answer: D,E 🗳️
You are helping your client identify and define their controls. You have determined that your client requires two perspectives: Business Units and Regulatory Standards.
The controls are going to be secured by the business unit, and you want to ensure that when the client defines new controls, it is mandatory to assign a Business Units perspective to the control. You are going to set the
"Required" field to "yes" for the Control-Business Units association.
Where do you do this in the product?
- A. The Manage Object Perspectives screen
- B. The Manage Module Perspectives screen
- C. The Create Control screen
- D. The Create Perspectives screen
- E. The Import template
Correct Answer: D 🗳️
You have defined an initial Perspective Hierarchy for your client in the Advanced Controls module. After refining their business requirements, your client wants to expand the existing hierarchy to include 150 perspective items in various levels. For efficient processing, you decide to use the GRC data migration feature to import the new items.
Which three are valid processing steps required to define the export file? (Choose three.)
- A. Click the Create Import Template button.
- B. Navigate to Risk Management Tools > Setup and Administration > Data Migration, and select Advanced Controls.
- C. Navigate to Manage Module Perspectives.
- D. Generate Template as Without Data - Perspectives Only.
- E. Generate Template as Without Data.
Correct Answer: B,C,E 🗳️
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: Closed; State: Final Close
- B. Status: On Hold; State: Awaiting Approval
- C. Status: Open; State: In Edit
- D. Status: Open; State: Approved
- E. Status: On Hold; State: In Review
- F. Status: Closed; State: Closed - Awaiting Approval
- G. Status: On-Hold; State: Reported
- H. Status: Open; State: New
Correct Answer: C,D,E,H 🗳️
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. To relate controls, risks must be assigned to the same perspective that is assigned to the control you want to map it to.
- B. You can use the Data Migration tool to add control records for the existing risks.
- C. To relate controls to risks, the risks must be in "approved" state.
- D. You can manually add control definitions and relate them to the risks in Financial Reporting Compliance.
- E. You cannot use the Data Migration tool to add control records to map to existing risks.
Correct Answer: A,B 🗳️
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