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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. 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 for categorizing Financial Reporting Compliance objects.
C) Perspectives enable functional security in Financial Reporting Compliance.
D) Perspectives can be used to represent regional hierarchies.
E) Perspectives are used to enable data security on Financial Reporting Compliance objects.
3. You are gathering requirements on how your client performs control assessments. Which three tasks should you complete to set up assessments in Financial Reporting Compliance? (Choose three.)
A) Determine if control assessments are planned ahead of time or are run impromptu.
B) Understand the sample size for each audit test.
C) Determine the main objectives of deploying the control.
D) Identify the type of assessments included in each assessment cycle.
E) Determine whether assessments templates, plans, and completed assessments need to go through a review and approve workflow.
4. Which two would need to happen in order for Advanced Access Controls (AAC) to automatically assign a status of "Closed" to an access incident? (Choose two.)
A) The incident is resolved using simulation in AAC and a subsequent evaluation of controls finds that the incident no longer exists.
B) A global condition was added that resolves the conflict and a subsequent evaluation of controls finds that the incident no longer exists.
C) The incident is resolved in Fusion Cloud and a subsequent evaluation of controls finds that the incident no longer exists.
D) A user sets the State of the incident to "Remediate".
E) A user sets the Status of the incident to "Resolved".
5. You are helping your client identify and define their controls. You have determined that your client requires two perspectives: Business Units and Regulatory Standards.
The controls are going to be secured by the business unit, and you want to ensure that when the client defines new controls, it is mandatory to assign a Business Units perspective to the control. You are going to set the
"Required" field to "yes" for the Control-Business Units association.
Where do you do this in the product?
A) The Create Perspectives screen
B) The Manage Module Perspectives screen
C) The Manage Object Perspectives screen
D) The Create Control screen
E) The Import template
Solutions:
Question # 1 Answer: A,B,C | Question # 2 Answer: C,D,E | Question # 3 Answer: A,B,E | Question # 4 Answer: C,D | Question # 5 Answer: A |