Oracle revises its exams from time to time, and outdated material can sink a well-prepared candidate. Every 1Z1-1058 purchase at GuideTorrent includes 365 days of free updates, keeping your Oracle Risk Management Cloud 2019 Implementation Essentials practice questions aligned with the current exam outline in 2026.
Oracle 1Z1-1058 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Risk Management Cloud 2020 Implementation Essentials |
| Exam Number: | 1Z0-1058-20 |
| Exam Format: | Multiple Choice |
| Exam Price: | $245 USD |
| Related Certifications: | Oracle Risk Management Cloud 2020 Certified Implementation Specialist |
| Passing Score: | 65% |
| Exam Duration: | 105 minutes |
| Real Exam Qty: | 60 |
| Certificate Validity Period: | Oracle Cloud Certification Policy Applies |
| Available Languages: | English |
| Sample Questions: |  |
| Exam Way: | Pearson VUE Testing Center or Oracle Online Proctored Exam |
| Pre Condition: | Oracle recommends hands-on implementation experience and knowledge of Oracle ERP Cloud applications. No mandatory prerequisite exam. |
| Official Syllabus URL: | https://education.oracle.com/oracle-risk-management-cloud-2020-certified-implementation-specialist/trackp_ERM2020 |
Oracle 1Z1-1058 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Assessments and Surveys | - Assessment Framework
|
| Advanced Access Controls | - Access Control Configuration
|
| Configuring Security | - Security Administration
|
| Financial Reporting Compliance | - Compliance Management
|
| Gather Implementation Requirements | - Business Requirements Analysis
|
| Advanced Financial Controls | - Financial Controls Configuration
|
| Initial Configuration and Data Migration | - Environment Setup
|
| Reporting and Analytics | - Reporting
|
| Risk Management Objects | - Object Management
|
1Z1-1058 Exam FAQ: What Candidates Ask Most
The Oracle 1Z1-1058 exam, officially titled Oracle Risk Management Cloud 2019 Implementation Essentials, is the required test for earning the Oracle Risk Management Cloud certification, a credential at the Implementation Specialist level. Passing it validates the skills Oracle expects from certified professionals, and it can also support progress toward related credentials such as Oracle Risk Management Cloud 2020 Certified Implementation Specialist.
The 1Z1-1058 exam includes 60 questions, and you have 105 minutes to complete it. Before exam day, divide the available time by the question count so you know the pace you need to hold, and practice flagging time-consuming items for review instead of stalling on a single question. Timed sessions in the GuideTorrent test engine are the easiest way to build that rhythm before it counts.
You need 65% to pass the 1Z1-1058 exam, and the official registration fee is $245 USD. Keep in mind that a failed attempt means paying that fee in full again for a retake, so avoid booking your seat on a hunch. Work through the GuideTorrent practice test until your scores sit comfortably above the passing requirement before you schedule the exam.
Oracle asks candidates to meet the following requirement before registering: Oracle recommends hands-on implementation experience and knowledge of Oracle ERP Cloud applications. No mandatory prerequisite exam.. Exam policies do change, so confirm the latest details on the official exam page at https://education.oracle.com/oracle-risk-management-cloud-2020-certified-implementation-specialist/trackp_ERM2020 before you book.
Yes. GuideTorrent offers a free PDF demo of the Oracle Risk Management Cloud 2019 Implementation Essentials practice questions, so you can judge the quality and format before purchasing. After you buy, your purchase includes 365 days of free updates; if the product expires after that period, you can extend the update service at a 50% discount from your member zone.
Every GuideTorrent order is covered by a 100% Money Back Guarantee. If you take the corresponding 1Z1-1058 exam within 60 days of purchase and do not pass, send a scan of your exam enrollment slip together with your official Score Report PDF within two days of the exam date, and your claim will be processed within seven days. The candidate name must match the payer name, and the guarantee does not apply if you take the exam within three days of purchase, if you downloaded the product but never took the exam, or to free materials and expired orders. If you would rather have fresh material than a refund, you can exchange your purchase for two additional exam products of equal value at no cost and keep the update service on your original product. Delivery itself is instant: your download is available right after payment and a copy is emailed to you within one minute — if nothing arrives within two hours, contact our support team. You may install the software on as many computers as you need.
The Oracle Risk Management Cloud 2019 Implementation Essentials exam is organized into 9 major domains. Some of the key domains include:
- Assessments and Surveys
- Advanced Access Controls
- Initial Configuration and Data Migration
Scroll up to the Exam Topics section for the complete breakdown, and use it to plan how much study time each domain deserves.
Oracle Risk Management Cloud 2019 Implementation Essentials Sample Questions:
Which three statements are true about the purpose of perspectives? (Choose three.)
- A. Perspectives are used to enable data security on Financial Reporting Compliance objects.
- B. Perspectives can be used to represent regional hierarchies.
- C. Perspectives can be used for categorizing Financial Reporting Compliance objects.
- D. Perspectives enable functional security in Financial Reporting Compliance.
- E. Perspectives can be used to define user privileges.
Correct Answer: A,B,D 🗳️
You have imported risks in Financial Reporting Compliance using data migration. Your client is asking if you can add controls for these risks.
Which two statements are true? (Choose two.)
- A. To relate controls, risks must be assigned to the same perspective that is assigned to the control you want to map it to.
- B. You can use the Data Migration tool to add control records for the existing risks.
- C. You can manually add control definitions and relate them to the risks in Financial Reporting Compliance.
- D. You cannot use the Data Migration tool to add control records to map to existing risks.
- E. To relate controls to risks, the risks must be in "approved" state.
Correct Answer: A,B 🗳️
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. On the Manage Issues page, highlight the issue and click the Close button.
- B. After you have completed the remediation plan, click the Close button on the Remediation Plan page.
- C. Ensure that the issue status is In Edit, and then from the Actions menu, select Close Issue.
- D. The assessment associated to the issue must be completed before closing the issue. Only then can you close the issue.
Correct Answer: D 🗳️
You are implementing 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?
- A. Select Actions > Create Access Control from the "Controls" tab of Advanced Controls.
- B. 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 access control in the "Controls" tab of Advanced Controls, and select the access model you created.
- C. Create an access entitlement from the "Access Entitlements" page, then select Actions > Create Access Control from the "Controls" tab of Advanced Controls, and select the entitlement you created.
- D. 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.
- E. 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.
Correct Answer: B 🗳️
A user has created and submitted a new control and the state of the control is "In Review." The user expected that the control state would change to "Approved." Why is the control not in the "Approved" state?
- A. The Control Approver role has been assigned to some users.
- B. This user is not a Control Approver; therefore, the status will be "In Review."
- C. New controls must always be reviewed, irrespective of security configuration.
- D. The Control Reviewer role has been assigned to some users.
Correct Answer: B 🗳️
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