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Oracle Risk Management Cloud 2018 Sample Questions:
1. You have five business units in our company, BU1 through BU5. You want to build a transaction model to identify suppliers who have been paid more than $100,000 USD across all business units except BU5.
Which two filters must be combined? (Choose two.)
A) Add a standard filter where the "Payment" object's "Organization ID" equals BU1, BU2, BU3, BU4.
B) Add a standard filter where the "Payment" object's "Organization ID" is equal to itself.
C) Add a function filter grouping by "Organization ID" where the sum of "Payment Amount" is greater than 100,000.
D) Add a function filter grouping by "Supplier ID" where the sum of "Payment Amount" is greater than
100,000.
E) Add a standard filter where the "Payment" object's "Organization ID" equals BU5, and advanced option
"Exclude" is checked.
2. After generating an XML file export of Advanced Controls perspectives, you receive a message that the export job has been generated.
What are the three steps you need to perform in order to download and review the formatted export file?
(Choose three.)
A) Navigate to Monitor Jobs and click the message link for the export job.
B) Click the Export File button.
C) Open with an XML editor, such as Excel.
D) Open with an HTML editor.
E) Click the Item Results link.
3. You are advising your client on design and configuration related to how access incident results will be viewed and managed. The client has provided a list of business requirements:
* Incident results can be viewed by Department
* Groups of investigators receive assigned incidents based on Department
* Must ensure systematically that no incident is unassigned to an investigator Which three must be configured to support these requirements? (Choose three.)
A) Custom perspective for Department linked to the Results object with Required set to "Yes"
B) Worklist assignment Result Investigator should be set to "All Eligible Users"
C) Custom perspective for Department linked to the Results object with Required set to "No"
D) Investigators are assigned job roles with custom Department perspective data roles attached. Other incident users receive job roles which only allow viewing of incidents.
E) Worklist assignment Result Investigator should be set to specific users.
F) Investigators are assigned job roles with custom Department perspective data roles attached for managing incidents. Other incident users are assigned job roles with custom Department perspective data roles attached for viewing only.
4. 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 the main objectives of deploying the control.
B) Determine if control assessments are planned ahead of time or are run impromptu.
C) Understand the sample size for each audit test.
D) Determine whether assessments templates, plans, and completed assessments need to go through a review and approve workflow.
E) Identify the type of assessments included in each assessment cycle.
5. An assessor is trying to complete an operational assessment on a control for manual AP Invoice entry and is reviewing Prior Results.
Which statement is true about viewing Prior Results for this control?
A) He or she will be able to review results of all prior operational assessments for all controls.
B) He or she will be able to review only results of prior operational assessments for this control.
C) He or she will be able to review results of all prior assessments of all types for this control.
D) He or she will be able to review results of all prior assessments of all types for all controls.
E) He or she will be able to review results of all prior Audit tests and operational assessments for this control.
Solutions:
| Question # 1 Answer: A,C | Question # 2 Answer: A,B,C | Question # 3 Answer: B,D,E | Question # 4 Answer: B,C,D | Question # 5 Answer: E |
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