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How to Prepare For Oracle Risk Management Cloud 2020 Implementation Essentials 1z0-1058-20 Exam

Preparation Guide for Oracle Risk Management Cloud 2020 Implementation Essentials 1z0-1058-20 Exam

Introduction

Oracle offers the most encompassing, up-to-date, and sought after global training and certification program for IT professionals.

Certification is evidence of your skills, expertise in those areas in which you like to work. If the candidate wants to work on 1z0-1058-20 and prove his knowledge, Certification offered by Oracle. This 1z0-1058-20 Certification helps a candidate to validates his skills in risk management implementation, data Migration, Financial reporting.

In this guide, we will cover the 1z0-1058-20 Exam, 1z0-1058-20 Certified professional salary and all aspects of the 1z0-1058-20 Certification.

For more info visit:

Oracle-Community Oracle-exam-preparation Oracle-1z0-1058-20-exam-guide

Reference: https://education.oracle.com/oracle-risk-management-cloud-2020-implementation-essentials/pexam_1Z0-1058-20

Topics of Oracle Risk Management Cloud 2020 Implementation Essentials 1z0-1058-20 Exam

Candidates must know the exam topics before they start of preparation. Our 1z0-1058-20 Dumps will include the following topics:

1. Gather Requirements for Risk Management Implementation (fka Gather Requirements for Financial Reporting Compliance Implementation)

  • Describe Risk Management (fka Describe Financial Reporting Compliance)
  • Describe Objects
  • Plan to gather information for the implementation
  • Design Perspectives, both as it relates to security and reporting
  • Implement the Best Practice Process

2. Data Migration

  • Explain the steps to import and export data
  • Troubleshoot errors during an import
  • Assemble existing risk control matrix data
  • Validate an import template prior to import
  • Populate an import template

3. Manage Objects

  • Create Review and Approve workflows for objects
  • Relate objects to one another
  • Describe how to create objects
  • Create Control Test Plans

4. Manage Issues

  • Explain security for Issues
  • Create and manage issues
  • Describe an Issue lifecycle
  • Manage the issue resolution process

5. Advanced Access Controls (fka Application Access Controls Governor)

  • Create and manage Models and Controls
  • Explain Simulation and Remediation
  • Configure Conditions
  • Explain Entitlements

6. Initial Financial Reporting Compliance Configuration (fka Initial Configuration)

  • Configure a pod for Financial Reporting Compliance Implementation
  • Configure and manage Lookups
  • Configure Module Objects

7. Security

  • Configure and assign Job and Duty roles
  • Describe jobs and processes related to security
  • Describe Job roles, Duty roles, and Data Security policies
  • Configure and create Perspective-based Data Security policies

8.Manage Assessments

  • Initiate ad-hoc assessments
  • Complete assessments
  • Create assessment templates and plans
  • Initiate planned assessments
  • Explain planned and ad-hoc assessments

9. Initial Advanced Controls Configuration (fka Fusion GRC Set Up and Administration)

  • Explain reporting
  • Configure security
  • Create and manage Perspectives
  • Describe modules

10. Advanced Financial Controls (fka Transaction Controls Governor)

  • Describe Models and Controls
  • Configure Filters
  • Configure Functions
  • Explain Result Management
  • Configure Patterns

Oracle 1Z0-1058-20 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Risk Management Cloud 2020 Implementation Essentials
Exam Number:1Z0-1058-20
Passing Score:65% - 68%
Real Exam Qty:60
Certificate Validity Period:Valid until product version retirement
Exam Format:Multiple Choice
Exam Duration:85 minutes
Available Languages:English (US)
Exam Price:$245 USD
Recommended Training:Oracle Risk Management Cloud Training
Exam Registration:Pearson VUE Registration
Oracle Certification Portal
Sample Questions:Oracle 1Z0-1058-20 Sample Questions
Exam Way:Online proctored or onsite at Pearson VUE testing centers
Pre Condition:No mandatory prerequisites; Oracle recommends hands-on implementation experience with Oracle Risk Management Cloud and familiarity with Oracle ERP Cloud
Official Syllabus URL:https://education.oracle.com/oracle-risk-management-cloud-2020-implementation-essentials/pexam_1Z0-1058-20

Oracle 1Z0-1058-20 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Data Import, Export and Troubleshooting15%- Validate import templates before loading
- Perform import and export operations
- Assemble and prepare risk control matrix data
- Troubleshoot data import errors
Topic 2: Implementation Planning and Configuration15%- Configure pod for Financial Reporting Compliance
- Plan implementation and gather requirements
- Initial setup and best practice process implementation
Topic 3: Models, Controls and Assessments25%- Initiate planned and ad-hoc assessments
- Create and manage Models and Controls
- Manage assessment templates and plans
- Explain Result Management process
Topic 4: Advanced Controls Configuration15%- Describe Transaction Controls and monitoring
- Initial Advanced Controls setup
- Configure Advanced Financial Controls
Topic 5: Security and Data Perspective Management20%- Describe security-related jobs and processes
- Configure Perspective-based Data Security policies
- Create and manage Perspectives
- Manage job roles, duty roles, and security policies
Topic 6: Issue Management and Workflow10%- Manage issue resolution process
- Describe remediation and simulation functions
- Explain issue lifecycle

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