Oracle 1Z1-958 real exam prep : Oracle Risk Management Cloud 2018

  • Exam Code: 1Z1-958
  • Exam Name: Oracle Risk Management Cloud 2018
  • Updated: Aug 02, 2026
  • Q&As: 76 Questions and Answers

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Oracle 1Z1-958 Exam Syllabus Topics:

SectionWeightObjectives
Integration and Administration10%- Data import/export
- System configuration and maintenance
- Integration with Fusion Applications
Advanced Access Controls25%- Remediation and mitigation
- Access risk analysis
- Control creation and monitoring
- Segregation of duties (SoD) modeling
Financial Reporting Compliance30%- Risk and control definition
- Issue management and remediation
- Perspectives and hierarchies
- Assessment setup and execution
Risk Management Cloud Overview15%- Deployment options
- Security and access model
- Architecture and components
Transaction Controls20%- Transaction model configuration
- Control rule definition
- Exception handling
- Monitoring and alerting

Oracle Risk Management Cloud 2018 Sample Questions:

1. Which part of the security structure cannot be created or viewed from the Security Console, when configuring security for Financial Reporting Compliance?

A) Composite Duty Role
B) Data Security Policy
C) Functional Security Policy
D) Job Role Perspective Policy


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

A) Template
B) Due Date
C) Name
D) Reviewer
E) Activity
F) Perspectives


3. How do you populate the Control Method field with a new custom value, such as a third-party application'?

A) Use Lookup Type of the new lookup value.
B) Use Lookup Meaning of the new lookup value.
C) Use Lookup Code of the new lookup value.
D) Enter the new value directly in the Control method field.


4. An organization has a list of companies with which they no longer wish to do business. The list is not stored in their ERP Could but is stored in a file.
Which transaction model will identify payments made to these companies?

A) Create an Imported business object that can be used in conjunction with Oracle's pre-built "Payables Invoice" object. Once both objects are in your model, add this standard filter: the "Payables Invoice" object's "Supplier Name" equals the custom object's "Company Name".
B) Add a configurable attribute "Company Name" to Oracle's pre-built "Payment" object. Then add this standard filter: "Remit to Supplier Name" equals "Company Name".
C) Create an Imported business object that can be used in conjunction with Oracle's pre-built "Payment" object. One both objects are in your model, add this standard filter: the "Payment" object's "Remit to Supplier Name" is similar to the custom object's "Company Name" by 95%.
D) You cannot define this model because imported objects from a file cannot be used with delivered objects.


5. You are implementing Advanced Financial Controls and you want to identify suspect transactions where the payment amount is less than $20 USD. However, you only want the results returned to be temporary.
What will you build in order to accomplish your objective?

A) Template
B) Control
C) Model
D) Business object
E) Filter


Solutions:

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

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