Oracle Certified 1Z0-1058-21 Dumps Questions Valid 1Z0-1058-21 Materials [Q26-Q40]

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Oracle Certified 1Z0-1058-21 Dumps Questions Valid 1Z0-1058-21 Materials

Current 1Z0-1058-21 Exam Dumps [2022] Complete Oracle Exam Smoothly

NO.26 What would happen to an access incident in Advanced Access Controls (AAC) that has been remediated and has a status of “Closed,” but poses a conflict again during a subsequent evaluation of controls?

The incident is deferred.

The incident remains in “Closed” status and additional remedial action cannot be taken.

The incident remains in “Closed” status and assigned users receive a notification that additional accessincidents have been identified.

The incident is copied and a new incident is created based on the original incident.

The incident status changes to “Assigned.”

NO.27 During implementation, you created a risk object and successfully mapped it to a control object. The client’s Risk Owner is able to access the risk but not the control.
Why did this happen?

The Risk Administrator needs to run the synchronize jobs to populate the mapping.

The Risk Owner account is inactive.

The Risk Owner role does not have the right privileges.

The risk and control objects are inactive and need to be made active.

NO.28 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.

On the Manage Issues page, highlight the issue and click the Close button.

The assessment associated to the issue must be completed before closing the issue.Only then can you close the issue.

After you have completed the remediation plan, click the Close button on the Remediation Plan page.

Ensure that the issue status is In Edit, and then from the Actions menu, select Close Issue.

NO.29 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.)

Worklist assignment Result Investigator should be set to specific users.

Custom perspective for Department linked to the Results object with Required set to “No”

Custom perspective for Department linked to the Results object with Required set to “Yes”

Investigators are assigned job roles with custom Department perspective data roles attached. Other incidentusers receive job roles which only allow viewing of incidents.

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.

Worklist assignment Result Investigator should be set to “All Eligible Users”

NO.30 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.)

The Control Manager was not given the correct data security policy to access the controls.

The Perspective Hierarchy was not associated to the Control Object.

There was no Control Type associated with the controls.

The Perspective Hierarchy is not in the Approved state.

No risks were mappedto the imported controls.

NO.31 Identify the fourstatuses and states in which you can edit an issue’s description, assuming you have the necessary privileges to edit the issue. (Choose four.)

Status: On Hold; State: In Review

Status: Closed; State: Final Close

Status: Open; State: Approved

Status: Closed; State: Closed – Awaiting Approval

Status: Open; State: In Edit

Status: On Hold; State: Awaiting Approval

Status: Open; State: New

Status: On-Hold; State: Reported

NO.32 You areimplementing Advanced Access Controls and there is a requirement for a control to monitor user access to specific, client-defined access points which give users the ability to both initiate a purchase order and approve payments on that purchase order.
Which is a valid option to implement the control?

Select Actions > Create Access Control from the “Controls” tab of Advanced Controls.

Create an access model from the “Models” tab of Advanced Controls, and then define an access point filter for each individual client-defined access point.

From the “Access Entitlements” page create two entitlements containing the respective client-defined access points. Create an access model from the “Models” tab of Advanced Controls, based on the entitlements you created. Finally, deploy an accesscontrol in the “Controls” tab of Advanced Controls, and select the access model you created.

Create an access entitlement from the “Access Entitlements” page, then select Actions > Create Access Control from the “Controls” tab of Advanced Controls, andselect the entitlement you created.

NO.33 How do you populate the Control Method field with a new custom value, such as a third-party application’?

Enter the new value directly in the Control method field.

Use Lookup Meaning of the new lookup value.

Use Lookup Code of the new lookup value.

Use Lookup Type of the new lookup value.

NO.34 How do you associate a risk to a control?

On the Related Controls tab of risk definition, add the control.

To associate a controlto a risk, the control needs to be in the Review state.

In the related object section of process definition, add the control to the risk.

On the Related Objects tab of control definition, add the risk.

The only way to create risk-control associations is through data import.

NO.35 Your customer needs to conduct monthly Operational Effectiveness assessments for controls acrosstwo organizations (North America and EMEA). Your customer requires that assessment results for North America be accessible only to users in North America and likewise for EMEA. Additionally, the Chief Risk Officer reviews the assessment results by BusinessProcess every week.
How should you design perspectives to achieve this?

Use the Region hierarchy for security and the Business Process hierarchy for reporting of controls.

Use the Region hierarchy initially, and later use both Region and BusinessProcess hierarchies for security.

Use both Region and Business Process hierarchies solely for reporting purposes.

Use the Business Process hierarchy for security and the Region hierarchy for reporting of controls.

NO.36 Which two steps are required to set up two levels of approval for new controls, which are added after the initial import? (Choose two.)

On the Controls tab of the Import template, set the control state to NEW for each control record.

Identify the organizations or business units for which users will perform review or approval.

Identify users who will perform control review and approval.

Identify the other roles to be provided for control managers.

NO.37 Which two filters must be combined to identify different suppliers who use the same taxpayer ID? (Choose two.)

Function filter grouping by “Supplier ID” where count is greater than 1.

Standard filter where the “Supplier” object’s “Supplier ID” is equal to itself.

Function filter grouping by “Taxpayer ID” where count is greater than 1.

Standard filter where the “Supplier” object’s “Allow Withholding Tax” is not blank.

Standard filter where the “Supplier” object’s “Taxpayer ID” is not blank.

NO.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.)

Initiate a planned assessment that includes all controls assigned to perspective P2P.

Perform impromptu assessments for the two controls.

Enable impromptu assessments during configuration of module objects.

Initiate a planned assessment and include the two controls as part of the same assessment.

Initiate two plannedassessments, one for each control.

NO.39 You can relate objects in Financial Reporting Compliance. Which statement is true about editing or creating related objects in the Related Objects section on the Risk Definition page?

You can relate only process objects.

You can relate a new process and a new control.

You can relate only control objects.

You can relate only an existing control, but not a new control.

NO.40 How do you identify Financial Reporting Compliance Cloud’s key stakeholders?

Identify users who need to create and submit expense reports easily.

Identify users who will create customer invoices, andreceive and apply customer payments.

Identify executives who need to certify internal controls for SOX or similar mandates.

Identify executives who will manage customer balances and recognize revenue.