Free Oracle 1Z0-1058-24 Exam Questions

Become Oracle Certified with updated 1Z0-1058-24 exam questions and correct answers

Page: 1 / 16

Total 78 Questions | Updated On: Feb 20, 2025

Add To Cart

Question 1

You are implementing Advanced Financial Controls and you want to identify suspect transactions where the

payment amount is less than $20 USD. However, you only want the results returned to be temporary.

What will you build in order to accomplish your objective?

A : mplate

B : ntrol

C : del

D : lter

E : iness object

Answer: C

Question 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 : ta security policies for Controls were not created.

B : Controls were not related to any risk objects.

C : parent process was never approved.

D : Control Method was not set to a valid value.

Answer: D

Question 3

You are building a transaction model to identify invoices with USD amounts that are greater than the

supplier’s average invoice amount. The order of the filters is important.

1. Add an “Average” Function filter grouping by “Supplier ID” where “Invoice Amount” is greater than 0.

2. Add a standard filter where “Invoice Currency” equals “USD.”

3. Add a standard filter where the delivered “Average Value” attribute is less than “Invoice Amount.”

What is the correct order of the filters for this transaction model?

A : 1, 3, 2

B : 1, 2, 3

C : 2, 3, 1

D : 3, 2, 1

E : 2, 1, 3

Answer: B

Question 4

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 : Control Manager was not given the correct data security policy to access the controls.

B : Perspective Hierarchy was not associated to the Control Object.

C : ere was no Control Type associated with the controls.

D : Perspective Hierarchy is not in the Approved state.

E : risks were mapped to the imported controls.

Answer: A,C

Question 5

How do you populate the Control Method field with a new custom value, such as a third-party application’?

A : ter the new value directly in the Control method field.

B : Lookup Meaning of the new lookup value.

C : Lookup Code of the new lookup value.

D : Lookup Type of the new lookup value.

Answer: A

Page: 1 / 16

Total 78 Questions | Updated On: Feb 20, 2025

Add To Cart