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Oracle Risk Management Cloud 2018 Sample Questions:
1. You have five business units in our company, BU1 through BU5. You want to build a transaction model to identify suppliers who have been paid more than $100,000 USD across all business units except BU5.
Which two filters must be combined? (Choose two.)
A) Add a standard filter where the "Payment" object's "Organization ID" equals BU1, BU2, BU3, BU4.
B) Add a function filter grouping by "Organization ID" where the sum of "Payment Amount" is greater than 100,000.
C) Add a standard filter where the "Payment" object's "Organization ID" equals BU5, and advanced option
"Exclude" is checked.
D) Add a standard filter where the "Payment" object's "Organization ID" is equal to itself.
E) Add a function filter grouping by "Supplier ID" where the sum of "Payment Amount" is greater than
100,000.
2. You are implementing Advanced Financial Controls and you want to identify suspect transactions where the payment amount is less than $20 USD. However, you only want the results returned to be temporary.
What will you build in order to accomplish your objective?
A) Model
B) Business object
C) Template
D) Filter
E) Control
3. During implementation, you created a Financial Reporting Compliance superuser and assigned this user the following roles:
* Enterprise Risk and Control Manager
* IT Security Manager
* Employee
The superuser logs in to Financial Reporting Compliance but is not able to create new Data Security Policies.
What is wrong?
A) The superuser's account is not yet approved by his or her supervisor in Financial Reporting Compliance.
B) The superuser's account is created but the synchronization jobs have not been run.
C) The superuser's account is inactive and his or her account needs to be activated.
D) The application will not allow a user to both create users and assign them roles.
4. Which three are true about implementing a best practice solution for Financial Reporting Compliance?
(Choose three.)
A) Large scope of project requires high effort for maintenance and administration.
B) It promotes rapid implementation and go-live.
C) It provides maximum return on investment with minimum project risk.
D) It promotes successful adoption and minimizes on-going cost of operation.
E) It promotes go-live with minimal acceptance testing and user training.
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 Issue Manager Composite and Issue Validator Composite
B) Seeded Issue Manager Composite
C) Seeded Risk Manager Composite, Control Manager Composite, and Issue Manager Composite
D) Seeded Risk Issue Manager and Control Issue Manager
Solutions:
Question # 1 Answer: A,B | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: B,C,D | Question # 5 Answer: C |