[Jan 11, 2022] New 2022 Oracle 1Z0-1058-21 Exam Dumps with PDF from Exam4Tests (Updated 77 Questions) [Q33-Q56]

New 2022 1Z0-1058-21 exam questions Welcome to download the newest Exam4Tests 1Z0-1058-21 PDF dumps (77 Q&As)

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NEW QUESTION 33
Your customer has a requirement to define an IT Compliance Manager job role with privileges to manage risks and controls, and the issues related to the risks and controls.
What are the duty roles that must be included in this job role to achieve this requirement?

A. Seeded Issue Manager Composite
B. Seeded Issue Manager Composite and Issue Validator Composite
C. Seeded Risk Issue Manager and Control Issue Manager
D. Seeded Risk Manager Composite, Control Manager Composite, and Issue Manager Composite

Answer: D

NEW QUESTION 34
When validating imported data, the control manager at your client has identified anincorrect Risk-Control mapping; that is, Control A was mapped incorrectly to Risk B instead of Risk A.
What needs to be done to fix the mapping?

A. Option B
B. Option D
C. Option C
D. Option A

Answer: A

NEW QUESTION 35
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. Clickthe Create Import Template button.
B. Navigate to Manage Module Perspectives.
C. Generate Template as Without Data.
D. Navigate to Risk Management Tools > Setup and Administration > Data Migration, and select Advanced Controls.
E. Generate Template as Without Data - Perspectives Only.

Answer: B,C,D

NEW QUESTION 36
Which filter can be used to identify expense reports that contain suspicious expense type combinations, such as, a report for a single trip that contains taxi, car rental, and mileage expenses?

A. Inclusive function filter grouped by the "Expense Report Information" object's "Report Number" where the "Expense Type" has an "Equals" condition for values that include taxi, car, mileage.
B. Inclusive function filter grouped by the "Expense Report Information" object's "Person" where the
"Expense Type" has an "In" condition for values that include taxi, car, mileage.
C. Inclusive function filter grouped by the "Expense Report Information" object's "Report Number" where the "Expense Type" has an "In" condition for values that include taxi, car, mileage.
D. Inclusive function filter grouped by the "Expense Report Information" object's "Person" where the
"Expense Type" has an "In" condition for values that include taxi, car, mileage.
E. Inclusive function filter grouped by the "Expense Report Information" object's "Report Number" where the "Expense Type" has an "In" condition for values that include taxi, car, mileage.

Answer: E

NEW QUESTION 37
You havecreated security roles for the Procure-to-Pay (P2P) Control Manager for the EMEA region in your client's organization. But, there are two problems with his or her security configuration.
Problem 1: This person should not receive notifications to complete control assessments, but currently he or she does.
Problem 2: Also, although he or she has access to controls associated with EMEA, he or she is unable to access controls created for individual regions within EMEA.
You have given him or her the following job role:
* EMEA P2P Control Manager Job Role
* Seeded Control Manager Duty Composite
* Seeded Control Certification Assessor Duty Composite
* EMEA P2P Control Manager Data Security Policy
* Seeded Control Manager Data Security Policy
* Perspective filter where Region Perspective "equals" EMEA
* Perspective filter where Process Perspective "equals" P2P
Which two actions need to be taken to correct the problems? (Choose two.)

A. Add to the EMEA P2P Control Manager Data Security Policy the seeded Control Certification Assessor Data Security Policy.
B. Create EMEA P2P Control Certification Assessor Data Security Policy striped by both EMEA and P2P perspectives and assign to the job role.
C. While defining data security policy, set the perspective value to EMEA including all child nodes of the EMEA region.
D. Remove Control Certification Assessor Composite from the EMEA P2P Control Manager job role.

Answer: A,C

NEW QUESTION 38
The internal auditor advised the Control Owner of North America to perform assessment for two P2P controls.
Which three steps can the Control Owner perform to kick-off assessments for only those two controls?
(Choose three.)

A. Initiate a planned assessment that includes all controls assigned to perspective P2P.
B. Initiate two plannedassessments, one for each control.
C. Perform impromptu assessments for the two controls.
D. Enable impromptu assessments during configuration of module objects.
E. Initiate a planned assessment and include the two controls as part of the same assessment.

Answer: A,B,D

NEW QUESTION 39
Which three objects can be related to issues when creating an issue on the Manage Issues page? (Choose three.)

A. Processes
B. Assessments
C. Controls
D. Perspectives
E. Risks
F. Test Plans

Answer: A,C,E

NEW QUESTION 40
Whichcontrols can user A access and manage for the following Control Manager role configuration? See details of perspective trees and control-perspective association below.

A. All controls
B. None
C. Only Control 1
D. Controls 2 and 3
E. Controls 1, 2, and3

Answer: D

NEW QUESTION 41
When running Synchronize Transaction from the Data Sources page of Application Configurations, which statement is true when you have two models using invoice and payment business objects?

A. One job will run for the two objects and the Transaction Created As of Date has no impact on the data.
B. One job will run for the two objects based on transactions dated afterthe Transaction Created As of Date.
C. Two jobs will run for the two objects based on transactions dated after the Transaction Created As of Date.
D. One job will run for the two objects based on transactions dated before the Transaction Created As of Date.

Answer: B

NEW QUESTION 42
Which statement related to Advanced Access Controls is true?

A. It analyzes transaction records.
B. Itdocuments risks and controls.
C. If helps perform risk analysis and evaluation.
D. If helps enforce segregation of duties.

Answer: D

NEW QUESTION 43
You have twosegregation of duties requirements:
1) a user can access either the supplier creation pages or the invoice pages, but not both.
2) a user can access either the invoice creation pages or the payment creation pages, but not both.
How must these requirementsbe met in Advanced Access Controls?

A. Construct one entitlement: "Create Supplier & Create Invoice & Create Payment"
B. Construct one model:"Create Supplier & Create Invoice & Create Payment"
C. Construct one model with three condition filters where the Function Name Equals "Create Supplier",
"Create Invoice" and "Create Payment"
D. Construct two models, and create controls based on the models: "Create Supplier & Create Invoice",
"Create Invoice & Create Payment"
E. Construct three controls, and create controls based on the models: "Create Supplier & Create Invoice",
"Create Invoice & Create Payment", "Create Supplier & Create Payment"

Answer: B

NEW QUESTION 44
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. There was no Control Type associated with the controls.
B. The Perspective Hierarchy is not in the Approved state.
C. The Perspective Hierarchy was not associated to the Control Object.
D. No risks were mappedto the imported controls.
E. The Control Manager was not given the correct data security policy to access the controls.

Answer: A,D,E

NEW QUESTION 45
Which three steps can be performed by using the Configure Module Objectspages? (Choose three.)

A. Choose display (or hide) configurable options for: results, events, consequences and treatments.
B. Create object data import templates.
C. View assessment response details for all assessment types.
D. Set "object-perspective" association.
E. Edit the assessment activity question and guidance text for all assessment types.

Answer: A,C,D

NEW QUESTION 46
You are implementing Advanced Access Controls for a client who wants to limit the seeded job role
"Application Access Auditor". This job role should NOT include system configuration duties, but allows the user to monitor jobs schedules forAdvanced Controls.
After the seeded job role is copied, that two duty roles should be removed to comply with the access restrictions? (Choose two.)

A. Access Model Manager
B. Access Control Manager
C. Advanced Control System Administrator
D. Access incident Results Manager
E. Application Data Source Manager

Answer: A,D

NEW QUESTION 47
You are configuring security and you do not want the risks to go through the review and approve process each time they are updated. How will you meet this requirement?

A. Ensure that no user has been assigned a job role that includes the Risk Reviewer Composite or Risk Approver Composite Duty Role.
B. Ensure that only the upper management is given the Risk Reviewer Composite duty role so they could review the risks that they want to review.
C. Add the Risk Reviewer Composite duty role to theperson who creates the risks so he or she would be able to review them before saving the record.
D. Use only the Risk Approver Composite duty role in the configurations so the risks will not go through the review process.

Answer: D

NEW QUESTION 48
Your client is configuring their Test pod (which has no data) and has created their initial import template with controls, test plans, perspectives, and perspective-control mappings. They have used custom list ofvalues for Control Frequency.
Which three tasks must be completed before performing the data import? (Choose three.)

A. Validate that the System ID column is populated correctly.
B. Validate that new lookup values are created for any custom list of values.
C. Validate that the control-perspective relationship has been created in Manage Module Perspectives.
D. Validate that there are no duplicate worksheet IDs within the same worksheet.
E. Validate that all nods on the Perspective Item tab are covered on the Perspective Hierarchy tab.

Answer: A,B,E

NEW QUESTION 49
You need to schedule the report "Access Violations by User." Which two steps do you take to create thesaved parameters for the report schedule? (Choose two.)

A. Navigate to Administration Reports.
B. Navigate to Scheduling under Setup and Administration.
C. Click Save Report Parameters to create savedsettings.
D. Highlight the report name and click Run Now.
E. Select Display Scheduled Reports.

Answer: C,D

NEW QUESTION 50
Your client has subscribed to Financial Reporting Compliance and would like to address risks using treatment plans.
Which option shows the settings that will help in achieving this configuration?

A. Configure Module Objects > Edit Risk Object Configuration > Treatment = Show
B. Configure Module Objects > Edit Risk Object Configuration > Treatment = Hide and Default
C. Configure Module Objects > Edit Risk Object Configuration > Result = Show
D. Configure Module Perspectives > Edit Financial Reporting Compliance > Risk-Organization mapping set to required, active.
E. Configure Module Objects > Edit Control Object Configuration > Result = Show

Answer: E

NEW QUESTION 51
During an assessment, an issue was created. Your job as the Issue Manager is to review the issues and validate them. If it is determined that they are not valid issues, you need to close them. You have found an issue that is not validand with Status: Open and State: Reported.
Identify the correct step to close this issue.

A. Ensure that the issue status is In Edit, and then from the Actions menu, select Close Issue.
B. After you have completed the remediation plan, click the Close button on the Remediation Plan page.
C. On the Manage Issues page, highlight the issue and click the Close button.
D. The assessment associated to the issue must be completed before closing the issue.Only then can you close the issue.

Answer: D

NEW QUESTION 52
The control manager needs to associate an existing test plan to an additional assessment type,Audit Test. The existing test plan is associated only with the Design Review assessment type.
How can this be accomplished?

A. The control's test plan should be updated to Audit Test as the assessment type.
B. The control's testplan should be updated to include both Audit Test and Design Review as assessment types.
C. The control manager does not need to update the control because any initiated assessment will include all control test plans.
D. The control manager should create a new test plan with Audit Test and Design Review as assessment types.

Answer: B

NEW QUESTION 53
After generating an XML file export of Advanced Controlsperspectives, 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. Click the Item Results link.
B. Navigate to Monitor Jobs and click the message link for the export job.
C. Click the Export File button.
D. Open with an HTML editor.
E. Open with an XML editor, such as Excel.

Answer: B,C,E

NEW QUESTION 54
During implementation, you created a Financial Reporting Compliance superuser and assigned this user the following roles:
* Enterprise Risk and Control Manager
* IT SecurityManager
* Employee
The superuser logs in to Financial Reporting Compliance but is not able to create new Data Security Policies.
What is wrong?

A. The superuser's account is inactive and his or her account needs to be activated.
B. The superuser's account is not yet approved by his or her supervisor in Financial Reporting Compliance.
C. The superuser's account is created but the synchronization jobs have not been run.
D. The application will notallow a user to both create users and assign them roles.

Answer: C

NEW QUESTION 55
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.)