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Oracle Risk Management Cloud 2018 Sample Questions:
1. The internal auditor advised the Control Owner of North America to perform assessment for two P2P controls.
Which three steps can the Control Owner perform to kick-off assessments for only those two controls?
(Choose three.)
A) Initiate a planned assessment and include the two controls as part of the same assessment.
B) Enable impromptu assessments during configuration of module objects.
C) Initiate two planned assessments, one for each control.
D) Perform impromptu assessments for the two controls.
E) Initiate a planned assessment that includes all controls assigned to perspective P2P.
2. You are implementing Advanced Access Controls for a client who wants to limit the seeded job role
"Application Access Auditor". This job role should NOT include system configuration duties, but allows the user to monitor jobs schedules for Advanced Controls.
After the seeded job role is copied, that two duty roles should be removed to comply with the access restrictions? (Choose two.)
A) Access Model Manager
B) Advanced Control System Administrator
C) Application Data Source Manager
D) Access Control Manager
E) Access incident Results Manager
3. When running Synchronize Transaction from the Data Sources page of Application Configurations, which statement is true when you have two models using invoice and payment business objects?
A) One job will run for the two objects and the Transaction Created As of Date has no impact on the data.
B) Two jobs will run for the two objects based on transactions dated after the Transaction Created As of Date.
C) One job will run for the two objects based on transactions dated before the Transaction Created As of Date.
D) One job will run for the two objects based on transactions dated after the Transaction Created As of Date.
4. How do you add values to a Risk Type list of values?
A) Populate the Import template with the new values in the Issue Severity column on the Controls tab.
B) Add the lookup codes to the GRCM_RISK_TYPE Lookup Type.
C) Because you cannot add new values, update one of the existing lookup codes to what the client wants it to be.
D) Use the default lookup codes because there is no way to update the existing ones.
E) Add the lookup codes to the GRC_RISK_TYPE Lookup Type.
5. You build an access model with two entitlements. Each entitlement has four access points. The entitlements do not have any access points in common.
How many access point combinations will be analyzed?
A) 25
B) 4
C) 8
D) 20
E) 16
Solutions:
Question # 1 Answer: B,C,E | Question # 2 Answer: A,E | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: C |
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