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Oracle Risk Management Cloud 2018 Sample Questions:
1. At the last step of initiating assessments, the assessment manager sees who the assessment participants are (to complete, review, and approve the assessments). If the assessment manager wants to change the participant, who completes the assessment, what should he or she do?
A) Request the administrator to assign Data Security Policies with correct perspectives to the Assessor's job role.
B) It is not possible to change the participants after Data Security Policies are assigned.
C) Modify the participant list in the last step of initiating assessments.
D) Modify the perspective hierarchy in the last step of initiating assessments.
E) Request the administrator to change the Perspective in Data Security Policy for the Control Manager's job role.
2. You completed the data migration successfully. You created 100 controls, an Organization Perspective, and relationship of controls to the Organization Perspective. All controls are related to one perspective item. The Control Manager logs in to the application to view the new controls, yet there are none available for his or her review.
Identify three reasons for this. (Choose three.)
A) No risks were mapped to the imported controls.
B) The Perspective Hierarchy was not associated to the Control Object.
C) The Control Manager was not given the correct data security policy to access the controls.
D) There was no Control Type associated with the controls.
E) The Perspective Hierarchy is not in the Approved state.
3. You have created a risk definition R100 and have created a new control C100 for this risk. No user has been assigned the Risk or Control reviewer and approver roles. What will be the state of R100 and C100 after submitting?
A) Both R100 and C100 will be in the "New" state.
B) Both R100 and C100 will be in the "In Review" state.
C) Both R100 and C100 will be in the "Approved" state.
D) Both R100 and C100 will be in the "Awaiting Approval" state.
4. 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) Filter
B) Control
C) Template
D) Business object
E) Model
5. 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 "Invoice Number" is equal to 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 "Supplier ID" does not equal 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".
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A,C,D | Question # 3 Answer: D | Question # 4 Answer: E | Question # 5 Answer: B,C |
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