Oracle Risk Management Cloud 2020 Implementation Essentials: 1Z0-1058-20

Select three fields that are required to create an impromptu assessment. (Choose three.)

A. Due Date

B. Template

C. Name

D. Reviewer

E. Perspectives

F. Activity

Your client is configuring their Test pod (which has no data) and has created their initial import template

with controls, test plans, perspectives, and perspective-control mappings. They have used custom list of

values for Control Frequency.

Which three tasks must be completed before performing the data import? (Choose three.)

A. Validate that all nods on the Perspective Item tab are covered on the Perspective Hierarchy tab.

B. Validate that the control-perspective relationship has been created in Manage Module Perspectives.

C. Validate that new lookup values are created for any custom list of values.

D. Validate that there are no duplicate worksheet IDs within the same worksheet.

E. Validate that the System ID column is populated correctly.

Which two activities can be performed using Financial Reporting Compliance? (Choose two.)

A. Review and approve the accuracy and completeness of control descriptions.

B. Gain real-time access to live financial data and proactively resolve issues.

C. Continuously monitor financial transactions and role-based remediation of transaction incidents.

D. Review control assessment results, along with any effectiveness issues found.

E. Provide self-service access to reporting and analysis against financial transactions.

F. Conduct intuitive audits of general ledger balances with journal details.