Updated: Aug 29, 2026
No. of Questions: 77 Questions & Answers with Testing Engine
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| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Risk Management Cloud 2021 Implementation Essentials |
| Exam Number: | 1Z0-1058-21 |
| Exam Format: | Multiple Choice, Multiple Response |
| Passing Score: | 70% |
| Exam Duration: | 120 minutes |
| Certificate Validity Period: | 18 months |
| Real Exam Qty: | 77 |
| Available Languages: | English |
| Exam Price: | 245 USD |
| Recommended Training: | Oracle Risk Management Cloud Implementation Training |
| Exam Registration: | Oracle University Exam Page Pearson VUE Registration |
| Sample Questions: | Oracle 1Z0-1058-21 Sample Questions |
| Exam Way: | Online proctored or at Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; hands-on experience with Oracle ERP Cloud and Risk Management Cloud is strongly recommended |
| Official Syllabus URL: | https://education.oracle.com/oracle-risk-management-cloud-2021-implementation-essentials-exam/pexam_1Z0-1058-21 |
| Section | Weight | Objectives |
|---|---|---|
| Implementation Overview & Best Practices | 10% | - Data migration and change management - Plan and execute testing - Gather implementation requirements |
| Security & Workflow Configuration | 15% | - Manage security policies and access - Set up review and approval workflows - Troubleshoot common issues |
| Risk & Controls Management | 20% | - Deficiency and issue management - Control testing and certification - Define risks, controls, and frameworks |
| Financial Reporting Compliance Configuration | 20% | - Import/export risk and control data - Configure pod and security roles - Manage perspectives and lookups |
| Advanced Controls & Transaction Models | 20% | - Advanced access controls setup - Simulation and remediation - Build and configure transaction models |
| Assessment & Result Management | 15% | - Run planned and ad-hoc assessments - Analyze and manage results - Create assessment templates and plans |
Question 1
Your client needs to perform Design Review and Certification assessment for all their controls. Identify two options that show how this requirement can be met. (Choose two.)
A. Option E
B. Option D
C. Option A
D. Option B
E. Option C
Question 2
Which three steps can be performed by using the Configure Module Objectspages? (Choose three.)
A. Choose display (or hide) configurable options for: results, events, consequences and treatments.
B. Set "object-perspective" association.
C. View assessment response details for all assessment types.
D. Create object data import templates.
E. Edit the assessment activity question and guidance text for all assessment types.
Question 3
You build an access model with two entitlements. Each entitlement has four access points. The entitlements do not have any access points in common.
How many access point combinations will be analyzed?
A. 8
B. 4
C. 16
D. 25
E. 20
Question 4
A Control Manager has changed the status ofan issue to "In Remediation" and has submitted it.
What will be the state of the Issue if there is no issue validator, reviewer, or approver configured?
A. In Edit
B. Reported
C. Approved
D. Active
E. In Review
Question 5
At the last step of initiating assessments,the assessment manager sees who the assessment participants are (to complete, review, and approve the assessments). If the assessment manager wants to change the participant, who completes the assessment, what should he or she do?
A. Request the administrator to assign Data Security Policies with correct perspectives to the Assessor's job role.
B. Request the administrator to change the Perspective in Data Security Policy for the Control Manager's job role.
C. Modify the participant list in the last step of initiating assessments.
D. Modify the perspective hierarchy in the last step of initiating assessments.
E. It is not possible to change the participants after Data Security Policies are assigned.
Solutions:
| Question 1 Answer: B,C | Question 2 Answer: A,B,C | Question 3 Answer: A | Question 4 Answer: B | Question 5 Answer: C |
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