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Oracle Risk Management Cloud 2018 Sample Questions:
1. Which three steps can be performed by using the Configure Module Objects pages? (Choose three.)
A) Choose display (or hide) configurable options for: results, events, consequences and treatments.
B) View assessment response details for all assessment types.
C) Set "object-perspective" association.
D) Create object data import templates.
E) Edit the assessment activity question and guidance text for all assessment types.
2. When you view or edit a transaction incident, you may see extra columns that are not present in the business objects used in the control.
What three kinds of control logic or conditions can cause this? (Choose three.)
A) Average Function
B) Equals (when the same attribute is used on both sides of the condition)
C) Similar
D) Between (when using a date attribute)
E) Not in
3. 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) Generate Template as Without Data - Perspectives Only.
B) Generate Template as Without Data.
C) Click the Create Import Template button.
D) Navigate to Manage Module Perspectives.
E) Navigate to Risk Management Tools > Setup and Administration > Data Migration, and select Advanced Controls.
4. Your client needs to perform Design Review and Certification assessment for all their controls. Identify two options that show how this requirement can be met. (Choose two.)
A) Option B
B) Option E
C) Option D
D) Option C
E) Option A
5. Which statement related to Advanced Access Controls is true?
A) It documents risks and controls.
B) If helps perform risk analysis and evaluation.
C) It analyzes transaction records.
D) If helps enforce segregation of duties.
Solutions:
Question # 1 Answer: A,B,C | Question # 2 Answer: A,D,E | Question # 3 Answer: B,D,E | Question # 4 Answer: C,E | Question # 5 Answer: D |