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Oracle Risk Management Cloud 2021 Implementation Essentials Sample Questions:
1. The GRC Business owner responsible for reviewing and investigating access incidents related to the "Order to Cash" perspective does not see any worklists for the generated results. You have validated that:
1. Other business owners are able to view their assigned worklists without any problem
2. Incidents have been generated for the controls related to Order to Cash
3. The business owner's assigned roles contain the correct functional privileges and data access to the correct perspective values What is the reason the business owner cannot see any worklists for the generated incidents?
A) The Control Perspectives are not linked to the control.
B) The underlying model is not linked to Order to Cash.
C) The Result Management Perspective Assignment has not been linked.
D) Worklist assignment does not include the business owner.
E) The business owner was recently assigned the role and the worklist needs to be refreshed.
2. You are advising your client on design and configuration related to how access incident results will be viewed and managed. The client has provided a list of business requirements:
* Incident results can be viewed by Department
* Groups of investigators receive assigned incidents based on Department
* Must ensure systematically that no incident is unassigned to an investigator Which three must be configured to support these requirements? (Choose three.)
A) Custom perspective for Department linked to the Results object with Required set to "No"
B) Investigators are assigned job roles with custom Department perspective data roles attached. Other incidentusers receive job roles which only allow viewing of incidents.
C) Investigators are assigned job roles with custom Department perspective data roles attached for managing incidents. Other incident users are assigned job roles with custom Department perspective data roles attached for viewing only.
D) Worklist assignment Result Investigator should be set to specific users.
E) Custom perspective for Department linked to the Results object with Required set to "Yes"
F) Worklist assignment Result Investigator should be set to "All Eligible Users"
3. An organization has a list of companies with which they no longer wish to do business. The list is not stored in their ERP Could but is stored in a file.
Whichtransaction model will identify payments made to these companies?
A) Create an Imported business object that can be used in conjunction with Oracle's pre-built "Payment" object. One both objects are in your model, add this standard filter: the "Payment" object's "Remit to Supplier Name" is similar to the custom object's "Company Name" by 95%.
B) You cannot define this model because imported objects from a file cannot be used with delivered objects.
C) Add a configurable attribute "Company Name" to Oracle's pre-built "Payment" object. Then add this standard filter: "Remit to Supplier Name" equals "Company Name".
D) Create an Imported business object that can be used in conjunction with Oracle's pre-built "Payables Invoice" object. Once both objects are in your model, add this standard filter: the "Payables Invoice" object's "Supplier Name" equals the custom object's "Company Name".
4. When you view or edit a transaction incident, you may see extra columns that are not present inthe business objects used in the control.
What three kinds of control logic or conditions can cause this? (Choose three.)
A) Average Function
B) Between (whenusing a date attribute)
C) Equals (when the same attribute is used on both sides of the condition)
D) Similar
E) Not in
5. Your customer has a requirement to define an IT Compliance Manager job role with privileges to manage risks and controls, and the issues related to the risks and controls.
What are the duty roles that must be included in this job role to achieve this requirement?
A) Seeded Risk Issue Manager and Control Issue Manager
B) Seeded Issue Manager Composite
C) Seeded Issue Manager Composite and Issue Validator Composite
D) Seeded Risk Manager Composite, Control Manager Composite, and Issue Manager Composite
Solutions:
Question # 1 Answer: D | Question # 2 Answer: B,D,F | Question # 3 Answer: D | Question # 4 Answer: A,B,E | Question # 5 Answer: D |