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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 function filter grouping by "Supplier ID" where the sum of "Payment Amount" is greater than
100,000.
C) Add a standard filter where the "Payment" object's "Organization ID" equals BU5, and advanced option
"Exclude" is checked.
D) Add a function filter grouping by "Organization ID" where the sum of "Payment Amount" is greater than 100,000.
E) Add a standard filter where the "Payment" object's "Organization ID" is equal to itself.
2. You have completed the data import process with no errors. You created process, risks, controls, and one perspective. Controls were related to perspectives. You have provided the customer with the Control Manager security role. When the customer logs in to Financials Risk Compliance (FRC), the customer cannot see any controls.
Which step was missed during the import process?
A) The Control Method was not set to a valid value.
B) The parent process was never approved.
C) Data security policies for Controls were not created.
D) The Controls were not related to any risk objects.
3. 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?
A) The Risk Owner account is inactive.
B) The Risk Administrator needs to run the synchronize jobs to populate the mapping.
C) The Risk Owner role does not have the right privileges.
D) The risk and control objects are inactive and need to be made active.
4. You are remediating access incidents in Advanced Access Controls (AAC), and have just completed the remediation of a segregation of duties conflict for users in Fusion Security by removing the conflicting access from the users.
What status do you set for the incident in AAC?
A) Remedy
B) Accepted
C) Resolved
D) Remediation
E) Authorized
5. 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?
A) The incident status changes to "Assigned."
B) The incident remains in "Closed" status and additional remedial action cannot be taken.
C) The incident is copied and a new incident is created based on the original incident.
D) The incident is deferred.
E) The incident remains in "Closed" status and assigned users receive a notification that additional access incidents have been identified.
Solutions:
| Question # 1 Answer: A,D | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: A,E |
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