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Oracle 1Z0-1058-21 : Oracle Risk Management Cloud 2021 Implementation Essentials
Exam Code: 1Z0-1058-21
Exam Name: Oracle Risk Management Cloud 2021 Implementation Essentials
Updated: Oct 19, 2026
Q & A: 77 Questions and Answers
1Z0-1058-21 Free Demo download
About Oracle Risk Management Cloud 2021 Implementation Essentials : 1Z0-1058-21 pdf dumps
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Oracle 1Z0-1058-21 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Risk Management Cloud 2021 Implementation Essentials |
| Exam Number: | 1Z0-1058-21 |
| Real Exam Qty: | 77 |
| Available Languages: | English |
| Exam Duration: | 120 minutes |
| Exam Format: | Multiple Response, Multiple Choice |
| Exam Price: | 245 USD |
| Certificate Validity Period: | 18 months |
| Passing Score: | 70% |
| Recommended Training: | Oracle Risk Management Cloud Implementation Training |
| Exam Registration: | Oracle University Exam Page Pearson VUE Registration |
| Sample Questions: |  |
| Exam Way: | Online proctored or at Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; hands-on experience with Oracle ERP Cloud and Risk Management Cloud is strongly recommended |
| Official Syllabus URL: | https://education.oracle.com/oracle-risk-management-cloud-2021-implementation-essentials-exam/pexam_1Z0-1058-21 |
Oracle 1Z0-1058-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Security & Workflow Configuration | 15% | - Troubleshoot common issues - Set up review and approval workflows - Manage security policies and access |
| Risk & Controls Management | 20% | - Define risks, controls, and frameworks - Deficiency and issue management - Control testing and certification |
| Assessment & Result Management | 15% | - Run planned and ad-hoc assessments - Analyze and manage results - Create assessment templates and plans |
| Financial Reporting Compliance Configuration | 20% | - Import/export risk and control data - Configure pod and security roles - Manage perspectives and lookups |
| Advanced Controls & Transaction Models | 20% | - Simulation and remediation - Build and configure transaction models - Advanced access controls setup |
| Implementation Overview & Best Practices | 10% | - Gather implementation requirements - Plan and execute testing - Data migration and change management |
1Z0-1058-21 Exam Practice Questions FAQ
The test engine simulates the real exam environment, records your performance after each session, and points out the questions you got wrong so you know where to concentrate. Once you answer a question correctly consistently, you can mark it as mastered and clear it from your rotation, keeping every practice round focused on what still needs work.
The Oracle Risk Management Cloud 2021 Implementation Essentials exam contains 77 questions, and you will have 120 minutes minutes to complete them. Simulating that combination in advance turns exam-day pacing into a habit.
More than you might think. A demo shows you real questions and answers exactly as the full product presents them, so you can judge the accuracy, the writing quality, and the interface for yourself. We encourage you to compare our demo against any other provider's — the difference in care is visible in the details.
Many candidates combine practice questions with official training. Recommended options include:
This package includes 77 practice questions for the Oracle Risk Management Cloud 2021 Implementation Essentials exam. Every answer is verified by an experienced team of experts, so you can trust what you study.
The Oracle Risk Management Cloud 2021 Implementation Essentials exam requires a score of 70% to pass, and the official registration fee is 245 USD. Knowing both figures before you begin helps you plan your preparation realistically.
You can register for the Oracle Risk Management Cloud 2021 Implementation Essentials exam through the official channels:
The Oracle Risk Management Cloud 2021 Implementation Essentials exam is scored on a scale where 70% is required to pass, and the official exam fee is 245 USD.
No mandatory prerequisites; hands-on experience with Oracle ERP Cloud and Risk Management Cloud is strongly recommended
You can confirm the current eligibility requirements on the official 1Z0-1058-21 exam page before you register.
The Oracle Risk Management Cloud 2021 Implementation Essentials practice questions are organized around the official exam objectives. Key topics include:
- Advanced Controls & Transaction Models (20%)
- Financial Reporting Compliance Configuration (20%)
- Security & Workflow Configuration (15%)
Your practice results against these topics show you exactly where to spend your next session.
Oracle Risk Management Cloud 2021 Implementation Essentials Sample Questions:
Question #1
Which three statements are true about the purpose of perspectives? (Choose three.)
- A. Perspectives are used to enable data security on Financial Reporting Compliance objects.
- B. Perspectives can be used to define user privileges.
- C. Perspectives can be used to represent regional hierarchies.
- D. Perspectives enable functional security in Financial Reporting Compliance.
- E. Perspectives can be used for categorizing Financial Reporting Compliance objects.
Correct Answer: A,C,D 🗳️
Question #2
A Control Manager has changed the status ofan issue to "In Remediation" and has submitted it.
What will be the state of the Issue if there is no issue validator, reviewer, or approver configured?
- A. In Edit
- B. Approved
- C. Active
- D. Reported
- E. In Review
Correct Answer: D 🗳️
Question #3
Yourclient 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 ID" is similar to the "Payables Invoice" object's "Invoice Number".
- B. The "Payables Invoice" object's "Invoice Number" is equal to the "Payables Invoice" object's "Invoice ID."
- C. The "Payables Invoice" object's "Invoice Number" is equal to itself.
- D. The "Payables Invoice" object's "Invoice Amount" is equal to itself.
- E. The "Payables Invoice" object's "Supplier ID"does not equal itself.
Correct Answer: B,E 🗳️
Question #4
Which three riskassessment activity types are available in Financial Reporting Compliance? (Choose three.)
- A. Audit
- B. Certify
- C. Assess Risk
- D. Design Review
- E. Quantitative Analysis
- F. Qualitative Analysis
Correct Answer: B,C,D 🗳️
Question #5
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. Enable impromptu assessments during configuration of module objects.
- B. Initiate a planned assessment that includes all controls assigned to perspective P2P.
- C. Perform impromptu assessments for the two controls.
- D. Initiate a planned assessment and include the two controls as part of the same assessment.
- E. Initiate two plannedassessments, one for each control.
Correct Answer: A,B,E 🗳️
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Viewing questions 1-5 out of 77 questions.
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