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Oracle Risk Management Cloud 2018 Sample Questions:
1. Which two would need to happen in order for Advanced Access Controls (AAC) to automatically assign a status of "Closed" to an access incident? (Choose two.)
A) The incident is resolved in Fusion Cloud and a subsequent evaluation of controls finds that the incident no longer exists.
B) A user sets the Status of the incident to "Resolved".
C) A global condition was added that resolves the conflict and a subsequent evaluation of controls finds that the incident no longer exists.
D) A user sets the State of the incident to "Remediate".
E) The incident is resolved using simulation in AAC and a subsequent evaluation of controls finds that the incident no longer exists.
2. Which two steps are required to set up two levels of approval for new controls, which are added after the initial import? (Choose two.)
A) Identify users who will perform control review and approval.
B) On the Controls tab of the Import template, set the control state to NEW for each control record.
C) Identify the organizations or business units for which users will perform review or approval.
D) Identify the other roles to be provided for control managers.
3. 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.
4. 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" is equal to itself.
B) Add a standard filter where the "Payment" object's "Organization ID" equals BU1, BU2, BU3, BU4.
C) Add a function filter grouping by "Organization ID" where the sum of "Payment Amount" is greater than 100,000.
D) Add a function filter grouping by "Supplier ID" where the sum of "Payment Amount" is greater than
100,000.
E) Add a standard filter where the "Payment" object's "Organization ID" equals BU5, and advanced option
"Exclude" is checked.
5. You have created security roles for the Procure-to-Pay (P2P) Control Manager for the EMEA region in your client's organization. But, there are two problems with his or her security configuration.
Problem 1: This person should not receive notifications to complete control assessments, but currently he or she does.
Problem 2: Also, although he or she has access to controls associated with EMEA, he or she is unable to access controls created for individual regions within EMEA.
You have given him or her the following job role:
* EMEA P2P Control Manager Job Role
* Seeded Control Manager Duty Composite
* Seeded Control Certification Assessor Duty Composite
* EMEA P2P Control Manager Data Security Policy
* Seeded Control Manager Data Security Policy
* Perspective filter where Region Perspective "equals" EMEA
* Perspective filter where Process Perspective "equals" P2P
Which two actions need to be taken to correct the problems? (Choose two.)
A) Create EMEA P2P Control Certification Assessor Data Security Policy striped by both EMEA and P2P perspectives and assign to the job role.
B) Remove Control Certification Assessor Composite from the EMEA P2P Control Manager job role.
C) Add to the EMEA P2P Control Manager Data Security Policy the seeded Control Certification Assessor Data Security Policy.
D) While defining data security policy, set the perspective value to EMEA including all child nodes of the EMEA region.
Solutions:
| Question # 1 Answer: A,D | Question # 2 Answer: A,C | Question # 3 Answer: B | Question # 4 Answer: B,C | Question # 5 Answer: C,D |



