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

1z0-1058-23 actual test
  • Exam Code: 1z0-1058-23
  • Exam Name: Oracle Risk Management Cloud 2023 Implementation Professional
  • Updated: Aug 09, 2026
  • Q & A: 77 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $59.99  

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

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Oracle 1z0-1058-23 Exam Syllabus Topics:

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

Oracle Risk Management Cloud 2023 Implementation Professional Sample Questions:

1. You are building a transaction model to identify invoices with USD amounts that are greater than the supplier's average invoice amount. The order of the filters is important.
1. Add an "Average" Function filter grouping by "Supplier ID" where "Invoice Amount" is greater than 0.
2. Add a standard filter where "Invoice Currency" equals "USD."
3. Add a standard filter where the delivered "Average Value" attribute is less than "Invoice Amount." What is the correct order of the filters for this transaction model?

A) 1, 3, 2
B) 2, 3, 1
C) 3, 2, 1
D) 2, 1, 3
E) 1, 2, 3


2. Your client has asked you to define a transaction model to identify duplicate invoices based on Invoice Numbers and Invoice Amounts.
Which two standard filters can be combined to accomplish this? (Choose two.)

A) The "Payables Invoice" object's "Supplier ID" does not equal itself.
B) The "Payables Invoice" object's "Invoice Number" is equal to the "Payables Invoice" object's "Invoice ID."
C) The "Payables Invoice" object's "Invoice Number" is equal to itself.
D) The "Payables Invoice" object's "Invoice Amount" is equal to itself.
E) The "Payables Invoice" object's "Invoice ID" is similar to the "Payables Invoice" object's "Invoice Number".


3. Which two filters must be combined to identify different suppliers who use the same taxpayer ID? (Choose two.)

A) Function filter grouping by "Supplier ID" where count is greater than 1.
B) Standard filter where the "Supplier" object's "Taxpayer ID" is not blank.
C) Standard filter where the "Supplier" object's "Supplier ID" is equal to itself.
D) Function filter grouping by "Taxpayer ID" where count is greater than 1.
E) Standard filter where the "Supplier" object's "Allow Withholding Tax" is not blank.


4. Which three statements are true about the purpose of perspectives? (Choose three.)

A) Perspectives can be used to define user privileges.
B) Perspectives can be used to represent regional hierarchies.
C) Perspectives can be used for categorizing Financial Reporting Compliance objects.
D) Perspectives enable functional security in Financial Reporting Compliance.
E) Perspectives are used to enable data security on Financial Reporting Compliance objects.


5. You have two segregation of duties requirements:
1) a user can access either the supplier creation pages or the invoice pages, but not both.
2) a user can access either the invoice creation pages or the payment creation pages, but not both.
How must these requirements be met in Advanced Access Controls?

A) Construct one entitlement: "Create Supplier & Create Invoice & Create Payment"
B) Construct one model: "Create Supplier & Create Invoice & Create Payment"
C) Construct one model with three condition filters where the Function Name Equals "Create Supplier",
"Create Invoice" and "Create Payment"
D) Construct two models, and create controls based on the models: "Create Supplier & Create Invoice",
"Create Invoice & Create Payment"
E) Construct three controls, and create controls based on the models: "Create Supplier & Create Invoice",
"Create Invoice & Create Payment", "Create Supplier & Create Payment"


Solutions:

Question # 1
Answer: E
Question # 2
Answer: C,D
Question # 3
Answer: B,D
Question # 4
Answer: B,C,E
Question # 5
Answer: D

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