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Reference: https://education.oracle.com/oracle-risk-management-cloud-2020-implementation-essentials/pexam_1Z0-1058-20

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Topics of Oracle Risk Management Cloud 2020 Implementation Essentials 1z0-1058-20 Exam

Candidates must know the exam topics before they start of preparation. Our 1z0-1058-20 Dumps will include the following topics:

1. Gather Requirements for Risk Management Implementation (fka Gather Requirements for Financial Reporting Compliance Implementation)

  • Describe Risk Management (fka Describe Financial Reporting Compliance)
  • Implement the Best Practice Process
  • Design Perspectives, both as it relates to security and reporting
  • Describe Objects
  • Plan to gather information for the implementation

2. Data Migration

  • Populate an import template
  • Troubleshoot errors during an import
  • Validate an import template prior to import
  • Explain the steps to import and export data
  • Assemble existing risk control matrix data

3. Manage Objects

  • Describe how to create objects
  • Create Control Test Plans
  • Relate objects to one another
  • Create Review and Approve workflows for objects

4. Manage Issues

  • Create and manage issues
  • Explain security for Issues
  • Manage the issue resolution process
  • Describe an Issue lifecycle

5. Advanced Access Controls (fka Application Access Controls Governor)

  • Explain Entitlements
  • Explain Simulation and Remediation
  • Create and manage Models and Controls
  • Configure Conditions

6. Initial Financial Reporting Compliance Configuration (fka Initial Configuration)

  • Configure Module Objects
  • Configure and manage Lookups
  • Configure a pod for Financial Reporting Compliance Implementation

7. Security

  • Describe jobs and processes related to security
  • Configure and create Perspective-based Data Security policies
  • Configure and assign Job and Duty roles
  • Describe Job roles, Duty roles, and Data Security policies

8.Manage Assessments

  • Initiate ad-hoc assessments
  • Explain planned and ad-hoc assessments
  • Create assessment templates and plans
  • Complete assessments
  • Initiate planned assessments

9. Initial Advanced Controls Configuration (fka Fusion GRC Set Up and Administration)

  • Describe modules
  • Create and manage Perspectives
  • Explain reporting
  • Configure security

10. Advanced Financial Controls (fka Transaction Controls Governor)

  • Describe Models and Controls
  • Configure Patterns
  • Explain Result Management
  • Configure Filters
  • Configure Functions

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