1z0-1058-23 Exam Dumps - Oracle Risk Management Cloud Questions and Answers

• Not in: This condition can cause extra columns to appear because it filters out certain values, which may require additional columns for context.
• Similar: The ‘Similar’ condition can introduce extra columns as it attempts to find transactions that are alike but not exactly the same, necessitating more data for comparison.
• Between (when using a date attribute): Using the ‘Between’ condition with date attributes can add extra columns to display the range of dates that the transactions fall into.

References:The information provided here is based on Oracle’s documentation on viewing or editing an incident within the Risk Management and Compliance module1. For a detailed understanding of how these conditions affect the transaction incident data, refer to the official Oracle documentation.

To define an IT Compliance Manager job role with the required privileges to manage risks and controls, as well as issues related to them, the following duty roles must be included:

• Seeded Risk Manager Composite: This duty role includes privileges necessary for managing risks.
• Control Manager Composite: This duty role encompasses privileges for managing controls.
• Issue Manager Composite: This duty role contains privileges for managing issues related to risks and controls.

These duty roles collectively provide a comprehensive set of privileges that cover all aspects of risk and control management, as well as issue resolution, which are essential for an IT Compliance Manager job role.

References:

• Oracle documentation on creating risk management roles in the Security Console provides insights into the role creation process and the types of roles that can be created, including job roles and duty roles1.
• The IT Security Manager job role documentation lists the duties and privileges that are inherited by the job role, which is similar to what would be required for an IT Compliance Manager role2.
• The Roles Overview documentation from Oracle outlines various roles available within Oracle Fusion Cloud Financial Reporting Compliance, including the Risk Activities Manager and Risk Administrator, which are related to the management of risks and controls3.

• The assessor navigates to the Manage Assessments page.
• They select the assessment that they have previously submitted.
• They click the Reopen button to reopen the assessment.
• The assessor can then attach the critical test evidence document that was initially forgotten.
• After attaching the document, the assessor can resubmit the assessment for review.

References:The steps are based on the Oracle Risk Management documentation which outlines the process for managing assessments, including the ability to reopen an assessment to attach additional documents before resubmitting it12.

When an assessor is reviewing Prior Results as part of an operational assessment for a control, such as manual AP Invoice entry, they are able to view the results of prior operational assessments specifically for that control. This is because the system is designed to allow assessors to focus on the historical performance and evaluation of the control in question, providing a targeted and relevant overview of its effectiveness and any issues that have been identified in the past.

References:The information provided is based on the Oracle Risk Management documentation, which outlines the processes and capabilities of the system regarding operational assessments and the review of Prior Results1.