- Exam Code: 1Z1-1058
- Exam Name: Oracle Risk Management Cloud 2019 Implementation Essentials
- Certification Provider: Oracle
- Corresponding Certification:Oracle Risk Management Cloud
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Oracle 1Z1-1058 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Risk Management Cloud 2019 Implementation Essentials |
| Exam Number: | 1Z0-1058 |
| Passing Score: | 68% |
| Exam Format: | Scenario-based Questions, Multiple Choice |
| Exam Duration: | 150 minutes |
| Real Exam Qty: | 55-75 |
| Available Languages: | English |
| Exam Price: | USD 245 |
| Certificate Validity Period: | N/A |
| Related Certifications: | Oracle Risk Management Cloud Oracle ERP Cloud Implementation Oracle Financials Cloud |
| Recommended Training: | Oracle University Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored or test center exam via Oracle University |
| Pre Condition: | Recommended: Basic knowledge of Oracle ERP Cloud and Financials Cloud concepts |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z1-1058 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Security and Access Configuration | - Application security setup
|
| Topic 2: Continuous Controls Monitoring | - Automated monitoring setup
|
| Topic 3: Introduction to Oracle Risk Management Cloud | - Overview of Risk Management Cloud concepts
|
| Topic 4: Risk and Controls Framework | - Risk modeling and configuration
|
| Topic 5: Advanced Controls | - Transaction Controls
|
| Topic 6: Compliance, Audit, and Reporting | - Audit configuration and reporting
|
| Topic 7: Setup, Integration, and Maintenance | - System configuration and data setup
|
The Oracle 1Z1-1058 Exam — Questions and Straight Answers
The 1Z1-1058 exam is Oracle's path to the Oracle Risk Management Cloud 2019 Implementation Essentials certification, a credential at the Professional level. It confirms you can apply the Oracle Risk Management Cloud 2019 Implementation Essentials objectives in realistic scenarios — the kind of proof that changes job conversations. It also connects to a wider certification family covering Oracle Financials Cloud, Oracle Risk Management Cloud, Oracle ERP Cloud Implementation, so the effort keeps compounding. It's easier to want than to earn, which is exactly why structured practice beats good intentions.
The Oracle Risk Management Cloud 2019 Implementation Essentials blueprint spans 7 domains, led by Setup, Integration, and Maintenance, Introduction to Oracle Risk Management Cloud, and Risk and Controls Framework. Treat the weightings as your study budget — heavier domains earn heavier hours. The full topic list is in the exam topics section above; plan against it, not against guesswork.
The Oracle Risk Management Cloud 2019 Implementation Essentials exam packs 55-75 questions into 150 minutes. Convert that into a tempo before test day: minutes divided by questions is your per-item budget, and anything burning double its budget gets flagged and revisited at the end. Rehearse the tempo against a real timer — every ITPassLeader engine session enforces one — until finishing with review time to spare feels routine.
Passing Oracle Risk Management Cloud 2019 Implementation Essentials requires 68%, and each attempt costs USD 245 — retakes included, at full price. The sound strategy is arriving over-prepared: drill with ITPassLeader practice questions until your timed scores clear the mark across several consecutive sessions, then register. Over-preparation is cheaper than re-registration.
Oracle lists the Oracle Risk Management Cloud 2019 Implementation Essentials question formats as: Multiple Choice, Scenario-based Questions. Formats shape tactics — find the actual question sentence inside long scenario stems before reading the rest, and re-verify every selection on multi-answer items. ITPassLeader's 76 practice questions drill these formats until only the content feels new on exam day.
The 1Z1-1058 exam is offered in English. Choose the language where your reading stays fastest under pressure — slow comprehension taxes every question in a timed exam. Testing in English? Daily sessions with ITPassLeader's English 1Z1-1058 practice questions double as terminology training.
The certification earned through the Oracle Risk Management Cloud 2019 Implementation Essentials exam remains valid for N/A. Note the expiry date the day you pass and research the recertification path early — a planned renewal is an errand, an expired credential is a project. Oracle owns these rules, so verify the current ones on the official certification page as your window approaches.
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Most candidates mix formats — PDF for reading, an engine for timed rehearsal.
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Oracle Risk Management Cloud 2019 Implementation Essentials Sample Questions:
Which two activities can be performed using Financial Reporting Compliance? (Choose two.)
- A. Conduct intuitive audits of general ledger balances with journal details.
- B. Review control assessment results, along with any effectiveness issues found.
- C. Provide self-service access to reporting and analysis against financial transactions.
- D. Continuously monitor financial transactions and role-based remediation of transaction incidents.
- E. Gain real-time access to live financial data and proactively resolve issues.
- F. Review and approve the accuracy and completeness of control descriptions.
Correct Answer: D,F 🗳️
Your client has configured separate roles for control assessor and control assessment reviewer. The control assessor has submitted his or her assessment. The control assessor realizes later that he or she has forgotten to attach a critical test evidence document to the assessment and needs to attach it now.
How can this be accomplished?
- A. On the Assessment tab in the Control definition, the assessor can select the assessment and click the Complete Assessment button. He or she can attach the document and resubmit the assessment.
- B. On the Manage Assessments page, the assessor can select the assessment and click the Reopen button.
He or she can then attach the document and resubmit the assessment. - C. The assessor can request the reviewer to reject the assessment. After the assessment is rejected, the assessor can then attach the document and resubmit the assessment.
- D. The assessor can request the reviewer to attach the document during the review.
Correct Answer: B 🗳️
Your customer needs to conduct monthly Operational Effectiveness assessments for controls across two organizations (North America and EMEA). Your customer requires that assessment results for North America be accessible only to users in North America and likewise for EMEA. Additionally, the Chief Risk Officer reviews the assessment results by Business Process every week.
How should you design perspectives to achieve this?
- A. Use the Business Process hierarchy for security and the Region hierarchy for reporting of controls.
- B. Use both Region and Business Process hierarchies solely for reporting purposes.
- C. Use the Region hierarchy for security and the Business Process hierarchy for reporting of controls.
- D. Use the Region hierarchy initially, and later use both Region and Business Process hierarchies for security.
Correct Answer: C 🗳️
After adding a new control in Financial Reporting Compliance, the control owner clicks Submit. Users with the Control Reviewer and Control Approver roles exist.
What is the expected outcome?
- A. The control goes into the "New" state.
- B. The control goes into the "Approved" state.
- C. The control goes into the "Waiting for Approval" state.
- D. The control goes into the "In Review" state.
Correct Answer: D 🗳️
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. Template
- B. Control
- C. Model
- D. Filter
- E. Business object
Correct Answer: C 🗳️
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