Oracle Risk Management Cloud 2018 Sample Questions:

1. Which three statements are true about the purpose of perspectives? (Choose three.)

A) Perspectives are used to enable data security on Financial Reporting Compliance objects.
B) Perspectives can be used for categorizing Financial Reporting Compliance objects.
C) Perspectives can be used to define user privileges.
D) Perspectives can be used to represent regional hierarchies.
E) Perspectives enable functional security in Financial Reporting Compliance.

2. You have completed the data import process with no errors. You created process, risks, controls, and one perspective. Controls were related to perspectives. You have provided the customer with the Control Manager security role. When the customer logs in to Financials Risk Compliance (FRC), the customer cannot see any controls.
Which step was missed during the import process?

A) The parent process was never approved.
B) Data security policies for Controls were not created.
C) The Controls were not related to any risk objects.
D) The Control Method was not set to a valid value.

3. Your client has three operating units.
What are two ways in which you can exclude an operating unit where there are not enough personnel to allow segregation of duties? (Choose two.)

A) In a model, create a new condition logic filter, select the operating unit attribute and select the operating unit value.
B) In a model, create a new condition logic filter, select the within same operating unit attribute, select the value yes, and then perform your exclusion though the advanced options check box.
C) Navigate to the Create Access Global Condition page and create a new condition logic filter, select the operating unit attribute, select the operating unit value, and then perform an exclusion though the advanced options check box.
D) In a model, create a new condition logic filter, select the operating unit attribute, select the operating unit value, and then perform an exclusion though the advanced options check box.
E) Navigate to the Create Access Global Condition page and create a new condition logic filter, select the within same operating unit attribute, select the value yes, and then perform your exclusion though the advanced options check box.

4.

A) Option D
B) Option A
C) What needs to be done to fix the mapping?

D) Option B
E) Option C

5. 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 underlying model is not linked to Order to Cash.
B) The Control Perspectives are not linked to the control.
C) The business owner was recently assigned the role and the worklist needs to be refreshed.
D) The Result Management Perspective Assignment has not been linked.
E) Worklist assignment does not include the business owner.

Solutions: