Exam Name: Oracle Risk Management Cloud 2018
Certification Provider: Oracle
Corresponding Certification: Oracle Risk Management Cloud
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- Total Questions: 76
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- Total Questions: 76
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- Total Questions: 76
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Oracle 1Z1-958 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Risk Management Cloud 2018 Implementation Essentials |
| Exam Number: | 1Z0-958 |
| Real Exam Qty: | 75 |
| Available Languages: | English |
| Exam Format: | Multiple Choice |
| Exam Price: | $245 USD |
| Certificate Validity Period: | 18 months from date earned |
| Passing Score: | 65% |
| Exam Duration: | 120 minutes |
| Recommended Training: | Oracle Risk Management Cloud Learning Subscription |
| Exam Registration: | Pearson VUE Scheduling Oracle University Registration |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored or in-person at Pearson VUE test centers |
| Pre Condition: | No formal prerequisites; hands-on experience with Oracle Risk Management Cloud recommended |
| Official Syllabus URL: | https://education.oracle.com/oracle-risk-management-cloud-2018-implementation-essentials/trackp_1980 |
Oracle 1Z1-958 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Transaction Controls | 20% | - Transaction model configuration - Exception handling - Monitoring and alerting - Control rule definition |
| Advanced Access Controls | 25% | - Segregation of duties (SoD) modeling - Access risk analysis - Remediation and mitigation - Control creation and monitoring |
| Risk Management Cloud Overview | 15% | - Security and access model - Deployment options - Architecture and components |
| Integration and Administration | 10% | - Data import/export - Integration with Fusion Applications - System configuration and maintenance |
| Financial Reporting Compliance | 30% | - Risk and control definition - Assessment setup and execution - Perspectives and hierarchies - Issue management and remediation |
1Z1-958 Exam FAQ: Answers to Read Before You Book
The Oracle Risk Management Cloud 2018 is the official Oracle exam that leads to the Oracle Risk Management Cloud 2018 Certified Implementation Specialist certification at the Specialist level. Passing it validates your skills against Oracle standards and proves your qualification to current and future employers.
The 1Z1-958 exam has 75 questions in total and must be completed within 120 minutes. That leaves only a narrow time budget per item, so train yourself to flag a difficult question, move on, and circle back later instead of getting stuck. A week or two before your test date, run at least one full timed mock exam in the NewPassLeader desktop or online test engine under the same 120 minutes limit, and repeat until you can finish with a few minutes left for review.
The passing score for the 1Z1-958 exam is 65%, and the official registration fee is $245 USD. Keep in mind that a failed attempt is not discounted β retaking the exam means paying the full fee again β so it is wise not to book your seat until your practice scores sit comfortably above the passing mark. Working through the 76 questions at NewPassLeader in timed mode is a reliable way to judge when you are truly ready.
Oracle sets the following requirement for the 1Z1-958 exam: No formal prerequisites; hands-on experience with Oracle Risk Management Cloud recommended. Eligibility rules can change from time to time, so always confirm the current prerequisites on the official exam page at https://education.oracle.com/oracle-risk-management-cloud-2018-implementation-essentials/trackp_1980 before you register.
You can register for the Oracle Risk Management Cloud 2018 through the following official channels:
The 1Z1-958 exam is delivered as Online proctored or in-person at Pearson VUE test centers, so review the technical and check-in requirements for that format when you schedule your appointment.
Oracle recommends the following official training options for the Oracle Risk Management Cloud 2018:
Official courses build the theory, and pairing them with the 76 practice questions from NewPassLeader turns that knowledge into exam-ready answers.
Yes. NewPassLeader offers a free PDF demo for the Oracle Risk Management Cloud 2018, so you can review real sample questions and judge the quality before paying anything. After your purchase, you receive 365 days of free updates β whenever the question pool changes, you get the latest version at no cost. Once that period expires, you can extend your update service at a 50% discount from your member zone.
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The Oracle Risk Management Cloud 2018 is organized into 5 domains. Among the first ones are Integration and Administration (10%), Transaction Controls (20%), Risk Management Cloud Overview (15%), and the remaining domains cover the rest of the official objectives. For the complete topic breakdown with every subtopic, see the full 1Z1-958 exam outline above on this page.
Oracle Risk Management Cloud 2018 Sample Questions:
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 the organizations or business units for which users will perform review or approval.
- B. On the Controls tab of the Import template, set the control state to NEW for each control record.
- C. Identify users who will perform control review and approval.
- D. Identify the other roles to be provided for control managers.
Correct Answer: A,C π³οΈ
Which two should you determine to ensure that your client can successfully maintain and administer Perspectives post go-live? (Choose two.)
- A. Identify lookup values that need to be created for Control, Risk, and Issue Type fields.
- B. Identify users who will be responsible for creating and maintaining controls and/or risks.
- C. Identify if your client wants to review and/or approve new perspectives or changes made to existing perspectives.
- D. Identify users who will be responsible for creating and maintaining perspectives, both for security as well as reporting.
Correct Answer: A,C π³οΈ
- A. What needs to be done to fix the mapping?
- B. Option D
- C. Option C
- D. Option A
- E. Option B
Correct Answer: E π³οΈ
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. 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.
- B. 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.
- C. 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.
- D. 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.
- E. Select Actions > Create Access Control from the "Controls" tab of Advanced Controls.
Correct Answer: D π³οΈ
Your client has three operating units.
What are two ways in which you can exclude an operating unit where there are not enough personnel to allow segregation of duties? (Choose two.)
- A. Navigate to the Create Access Global Condition page and create a new condition logic filter, select the within same operating unit attribute, select the value yes, and then perform your exclusion though the advanced options check box.
- B. In a model, create a new condition logic filter, select the within same operating unit attribute, select the value yes, and then perform your exclusion though the advanced options check box.
- C. In a model, create a new condition logic filter, select the operating unit attribute, select the operating unit value, and then perform an exclusion though the advanced options check box.
- D. Navigate to the Create Access Global Condition page and create a new condition logic filter, select the operating unit attribute, select the operating unit value, and then perform an exclusion though the advanced options check box.
- E. In a model, create a new condition logic filter, select the operating unit attribute and select the operating unit value.
Correct Answer: A,B π³οΈ
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