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Last Updated: Sep 10, 2026

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Oracle Risk Management Cloud 2019 Implementation Essentials is issued by Oracle, one of the most respected names in the industry, and earning it in 2026 can open serious career doors. Actualtests4sure helps you get there with 76 practice questions built around the official 1Z1-1058 objectives.

Oracle 1Z1-1058 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Risk Management Cloud 2020 Implementation Essentials
Exam Number:1Z0-1058-20
Certificate Validity Period:Oracle Cloud Certification Policy Applies
Related Certifications:Oracle Risk Management Cloud 2020 Certified Implementation Specialist
Exam Duration:105 minutes
Available Languages:English
Exam Format:Multiple Choice
Real Exam Qty:60
Passing Score:65%
Exam Price:$245 USD
Sample Questions:Oracle 1Z1-1058 Sample Questions
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
Risk Management Objects- Object Management
  • 1. Issue Management
  • 2. Risk Objects
  • 3. Control Objects
Gather Implementation Requirements- Business Requirements Analysis
  • 1. Implementation Planning
  • 2. Business Process Assessment
  • 3. Risk Management Cloud Overview
Advanced Access Controls- Access Control Configuration
  • 1. User Access Monitoring
  • 2. Access Models
  • 3. Segregation of Duties Analysis
Reporting and Analytics- Reporting
  • 1. Audit and Compliance Reporting
  • 2. Dashboards and Reports
  • 3. Transaction Business Intelligence
Advanced Financial Controls- Financial Controls Configuration
  • 1. Transaction Models
  • 2. Exception Management
  • 3. Financial Control Rules
Configuring Security- Security Administration
  • 1. Access Control Configuration
  • 2. User and Role Management
  • 3. Privilege Assignment
Initial Configuration and Data Migration- Environment Setup
  • 1. Security Initialization
  • 2. Enterprise Configuration
  • 3. Data Import and Migration
Assessments and Surveys- Assessment Framework
  • 1. Survey Configuration
  • 2. Risk Evaluation
  • 3. Assessment Templates
Financial Reporting Compliance- Compliance Management
  • 1. Compliance Monitoring
  • 2. Control Testing
  • 3. Process Documentation

Frequently Asked Questions About Oracle Risk Management Cloud 2019 Implementation Essentials

The 1Z1-1058 exam leads to the Oracle Risk Management Cloud certification, a Implementation Specialist-level credential from Oracle. It validates the skills measured by the Oracle Risk Management Cloud 2019 Implementation Essentials syllabus and is a recognized step for IT professionals building their careers, and it sits alongside related credentials such as Oracle Risk Management Cloud 2020 Certified Implementation Specialist.

The Oracle Risk Management Cloud 2019 Implementation Essentials exam includes 60 questions and gives you 105 minutes to complete them. That works out to a fairly tight pace, so reading each question carefully but decisively matters more than perfectionism. If a question stalls you, flag it and move on; banking the easier points first keeps time pressure from snowballing near the end. Before test day, run at least one full timed session with the Actualtests4sure practice test so the rhythm feels familiar rather than rushed.

You need 65% to pass the 1Z1-1058 exam, and the official registration fee is $245 USD. Keep in mind that a failed attempt means paying the full fee again to retake the exam, so it pays to be honest with yourself before booking a seat. A practical benchmark: work through the 76 practice questions at Actualtests4sure until you can score comfortably above the passing line in timed mode, then schedule your exam.

Oracle recommends hands-on implementation experience and knowledge of Oracle ERP Cloud applications. No mandatory prerequisite exam. Because Oracle may adjust its policies over time, we recommend confirming the latest requirements on the official exam page (official exam page) before you register.

Yes. Actualtests4sure offers a free PDF demo of the Oracle Risk Management Cloud 2019 Implementation Essentials material, so you can review the question style and answer quality before making a decision. Every purchase also includes 365 days of free updates, and after that period you can extend your updates at a 50% discount, which keeps your preparation current through 2026 and beyond.

If you take the Oracle Risk Management Cloud 2019 Implementation Essentials exam within 60 days of your purchase and do not pass, Actualtests4sure offers a full refund under its Money Back Guarantee. To apply, send a scanned copy of your exam enrollment slip together with your official Score Report in PDF format within 2 days of the exam date, and your claim will be processed within 7 days. The guarantee applies only to the corresponding exam: attempts made within 3 days of purchase, exams downloaded but never actually taken, free materials, and expired orders are not eligible, and the candidate name must match the purchaser name. If you would rather not take a refund, you can exchange your product for two additional exam preparation products of equal value and keep the update service on your original purchase. Delivery itself is instant: your product is available for download right after payment and is also sent to your email within one minute, and if it has not arrived within 2 hours, contact our support team. There is no limit on how many computers you can install it on.

The Oracle Risk Management Cloud 2019 Implementation Essentials syllabus is divided into 9 main domains, including Advanced Financial Controls, Initial Configuration and Data Migration, Reporting and Analytics. Each domain carries a different share of the total score, so knowing where the weight sits helps you allocate your study time wisely. You will find the complete, up-to-date outline in the Exam Topics section above.

Oracle Risk Management Cloud 2019 Implementation Essentials Sample Questions:

Question #1

An assessor is trying to complete an operational assessment on a control for manual AP Invoice entry and is reviewing Prior Results.
Which statement is true about viewing Prior Results for this control?

  • A. He or she will be able to review results of all prior assessments of all types for all controls.
  • B. He or she will be able to review results of all prior Audit tests and operational assessments for this control.
  • C. He or she will be able to review only results of prior operational assessments for this control.
  • D. He or she will be able to review results of all prior operational assessments for all controls.
  • E. He or she will be able to review results of all prior assessments of all types for this control.
Answer: B
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. 16
  • B. 20
  • C. 4
  • D. 25
  • E. 8
Answer: E
Question #3

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. Enable impromptu assessments during configuration of module objects.
  • C. Initiate two planned assessments, one for each control.
  • D. Initiate a planned assessment and include the two controls as part of the same assessment.
  • E. Perform impromptu assessments for the two controls.
Answer: A,B,C
Question #4

How do you identify Financial Reporting Compliance Cloud's key stakeholders?

  • A. Identify users who need to create and submit expense reports easily.
  • B. Identify users who will create customer invoices, and receive and apply customer payments.
  • C. Identify executives who will manage customer balances and recognize revenue.
  • D. Identify executives who need to certify internal controls for SOX or similar mandates.
Answer: C
Question #5

Which three are true about implementing a best practice solution for Financial Reporting Compliance?
(Choose three.)

  • A. It promotes successful adoption and minimizes on-going cost of operation.
  • B. It provides maximum return on investment with minimum project risk.
  • C. It promotes rapid implementation and go-live.
  • D. It promotes go-live with minimal acceptance testing and user training.
  • E. Large scope of project requires high effort for maintenance and administration.
Answer: A,B,C
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