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The Oracle Risk Management Cloud 2020 Implementation Essentials exam is known for tricky wording and broad coverage. Working through 77 practice questions at Actualtests4sure exposes your weak spots before they can cost you on exam day.

Oracle 1Z0-1058-20 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Risk Management Cloud 2020 Implementation Essentials
Exam Number:1Z0-1058-20
Exam Duration:120 minutes
Exam Format:Multiple Choice, Multiple Answer
Exam Price:$245 USD
Available Languages:English
Passing Score:68%
Related Certifications:Oracle Risk Management Cloud 2020 Certified Implementation Specialist
Certificate Validity Period:Oracle Cloud certification policy applies
Real Exam Qty:60
Sample Questions:Oracle 1Z0-1058-20 Sample Questions
Exam Way:Pearson VUE testing center or Oracle online proctored exam.
Pre Condition:No mandatory prerequisite exam. Oracle recommends hands-on implementation experience with Oracle Risk Management Cloud solutions.
Official Syllabus URL:https://education.oracle.com/oracle-risk-management-cloud-2020-implementation-essentials/pexam_1Z0-1058-20

Oracle 1Z0-1058-20 Exam Syllabus Topics:

SectionObjectives
Topic 1: Managing Reports- Reporting and Analytics
  • 1. Risk Management Reports
  • 2. Audit Reporting
  • 3. Compliance Dashboards
Topic 2: Advanced Access Controls- Access Models and Controls
  • 1. Detective Controls
  • 2. Preventive Controls
  • 3. Segregation of Duties Analysis
Topic 3: Financial Reporting Compliance- Compliance Management
  • 1. Control Documentation
  • 2. Risk Assessment
  • 3. Issue Management
Topic 4: Security Configuration- Security Administration
  • 1. Role Management
  • 2. User Provisioning
  • 3. Data Security Policies
Topic 5: Access Certification and User Role Certification- Certification Processes
  • 1. User Access Review
  • 2. Remediation Activities
  • 3. Role Certification
Topic 6: Surveys and Assessments- Survey Configuration
  • 1. Assessment Surveys
  • 2. Survey Reporting
  • 3. Standalone Surveys
Topic 7: Implementing and Configuring Risk Management- Risk Management Setup
  • 1. Initial Configuration
  • 2. Enterprise Structure Integration
  • 3. Risk Object Configuration
Topic 8: Advanced Financial Controls and Transaction Controls- Financial Compliance Monitoring
  • 1. Control Testing
  • 2. Transaction Controls
  • 3. Financial Reporting Controls

Common Questions About the Oracle Risk Management Cloud 2020 Implementation Essentials Exam

The Oracle 1Z0-1058-20 exam, officially titled Oracle Risk Management Cloud 2020 Implementation Essentials, is the required test for earning the Oracle Risk Management Cloud certification, a credential at the Implementation Specialist level. Passing it validates the skills Oracle expects from certified professionals, and it can also support progress toward related credentials such as Oracle Risk Management Cloud 2020 Certified Implementation Specialist.

The 1Z0-1058-20 exam includes 60 questions, and you have 120 minutes to complete it. Before exam day, divide the available time by the question count so you know the pace you need to hold, and practice flagging time-consuming items for review instead of stalling on a single question. Timed sessions in the Actualtests4sure test engine are the easiest way to build that rhythm before it counts.

You need 68% to pass the 1Z0-1058-20 exam, and the official registration fee is $245 USD. Keep in mind that a failed attempt means paying that fee in full again for a retake, so avoid booking your seat on a hunch. Work through the Actualtests4sure practice test until your scores sit comfortably above the passing requirement before you schedule the exam.

Oracle asks candidates to meet the following requirement before registering: No mandatory prerequisite exam. Oracle recommends hands-on implementation experience with Oracle Risk Management Cloud solutions.. Exam policies do change, so confirm the latest details on the official exam page at https://education.oracle.com/oracle-risk-management-cloud-2020-implementation-essentials/pexam_1Z0-1058-20 before you book.

Yes. Actualtests4sure offers a free PDF demo of the Oracle Risk Management Cloud 2020 Implementation Essentials practice questions, so you can judge the quality and format before purchasing. After you buy, your purchase includes 365 days of free updates; if the product expires after that period, you can extend the update service at a 50% discount from your member zone.

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The Oracle Risk Management Cloud 2020 Implementation Essentials exam is organized into 8 major domains. Some of the key domains include:

  • Implementing and Configuring Risk Management
  • Advanced Access Controls
  • Security Configuration

Scroll up to the Exam Topics section for the complete breakdown, and use it to plan how much study time each domain deserves.

Oracle Risk Management Cloud 2020 Implementation Essentials Sample Questions:

Question #1

You are configuring security and you do not want the risks to go through the review and approve process each time they are updated. How will youmeet this requirement?

  • A. Use only the Risk Approver Composite duty role in the configurations so the risks will not go through the review process.
  • B. Ensure that no user has been assigned a job role that includes theRisk Reviewer Composite or Risk Approver Composite Duty Role.
  • C. Ensure that only the upper management is given the Risk Reviewer Composite duty role so they could review the risks that they want to review.
  • D. Add the Risk Reviewer Composite duty role to the person who creates the risks so he or she would be able to review them before saving the record.
Answer: A
Question #2

Select three fields that are required to create an impromptu assessment. (Choose three.)

  • A. Template
  • B. Reviewer
  • C. Activity
  • D. Name
  • E. Perspectives
  • F. Due Date
Answer: A,D,F
Question #3

How do you add values to a Risk Type list of values?

  • A. Use the default lookup codes because there is no way to update the existing ones.
  • B. Add the lookup codes to the GRCM_RISK_TYPE Lookup Type.
  • C. Because you cannot add newvalues, update one of the existing lookup codes to what the client wants it to be.
  • D. Populate the Import template with the new values in the Issue Severity column on the Controls tab.
  • E. Add the lookup codes to the GRC_RISK_TYPE Lookup Type.
Answer: B
Question #4

You need to schedule thereport "Access Violations by User." Which two steps do you take to create the saved parameters for the report schedule? (Choose two.)

  • A. Click Save Report Parameters to create saved settings.
  • B. Select Display Scheduled Reports.
  • C. Highlight the report name and click Run Now.
  • D. Navigate to Scheduling under Setup and Administration.
  • E. Navigate to Administration Reports.
Answer: A,C
Question #5

You have defined an initial Perspective Hierarchy for your client in theAdvanced 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. Generate Template as Without Data.
  • B. Generate Template as Without Data - Perspectives Only.
  • C. Navigate to Risk Management Tools > Setup and Administration > Data Migration, and select Advanced Controls.
  • D. Click the Create Import Template button.
  • E. Navigate to Manage Module Perspectives.
Answer: A,C,E

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