Oracle Risk Management Cloud 2018 Sample Questions:

1. 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) Select Actions > Create Access Control from the "Controls" tab of Advanced Controls.
C) 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.
D) 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.
E) 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.

2. Which three are true about implementing a best practice solution for Financial Reporting Compliance?
(Choose three.)

A) It promotes successful adoption and minimizes on-going cost of operation.
B) It promotes rapid implementation and go-live.
C) It promotes go-live with minimal acceptance testing and user training.
D) Large scope of project requires high effort for maintenance and administration.
E) It provides maximum return on investment with minimum project risk.

3. You are configuring security and you do not want the risks to go through the review and approve process each time they are updated. How will you meet this requirement?

A) Ensure that no user has been assigned a job role that includes the Risk Reviewer Composite or Risk Approver Composite Duty Role.
B) Use only the Risk Approver Composite duty role in the configurations so the risks will not go through the review process.
C) Add the Risk Reviewer Composite duty role to the person who creates the risks so he or she would be able to review them before saving the record.
D) Ensure that only the upper management is given the Risk Reviewer Composite duty role so they could review the risks that they want to review.

4. Your client has asked you to define a transaction model to identify duplicate invoices based on Invoice Numbers and Invoice Amounts.
Which two standard filters can be combined to accomplish this? (Choose two.)

A) The "Payables Invoice" object's "Invoice Number" is equal to the "Payables Invoice" object's "Invoice ID."
B) The "Payables Invoice" object's "Invoice Number" is equal to itself.
C) The "Payables Invoice" object's "Supplier ID" does not equal itself.
D) The "Payables Invoice" object's "Invoice Amount" is equal to itself.
E) The "Payables Invoice" object's "Invoice ID" is similar to the "Payables Invoice" object's "Invoice Number".

5. Which two filters must be combined to identify different suppliers who use the same taxpayer ID? (Choose two.)

A) Standard filter where the "Supplier" object's "Supplier ID" is equal to itself.
B) Function filter grouping by "Taxpayer ID" where count is greater than 1.
C) Standard filter where the "Supplier" object's "Allow Withholding Tax" is not blank.
D) Standard filter where the "Supplier" object's "Taxpayer ID" is not blank.
E) Function filter grouping by "Supplier ID" where count is greater than 1.

Solutions: