Free Oracle 1Z0-1058 Exam Dumps Questions & Answers

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

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.No risks were mapped to the imported controls.
• C.The Perspective Hierarchy was not associated to the Control Object.
• D.The Perspective Hierarchy is not in the Approved state.
• E.The Control Manager was not given the correct data security policy to access the controls.

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

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 valid and 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.

Your customer needs to conduct monthly Operational Effectiveness assessments for controls across two 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 Business Process every week.
How should you design perspectives to achieve this?

• A.Use both Region and Business Process hierarchies solely for reporting purposes.
• B.Use the Business Process hierarchy for security and the Region hierarchy for reporting of controls.
• C.Use the Region hierarchy initially, and later use both Region and Business Process hierarchies for security.
• D.Use the Region hierarchy for security and the Business Process hierarchy for reporting of controls.