Oracle 1Z1-1058 Exam : Oracle Risk Management Cloud 2019 Implementation Essentials

  • Exam Code: 1Z1-1058
  • Exam Name: Oracle Risk Management Cloud 2019 Implementation Essentials
  • Updated: Nov 02, 2026
  • Q & A: 76 Questions and Answers

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Oracle 1Z1-1058 Exam Syllabus Topics:

SectionWeightObjectives
Advanced Controls Setup25%- Implement Advanced Financial Controls
- Initial configuration of Advanced Controls
- Implement Advanced Access Controls
- Import/export data and validate templates
Issues, Security & Reporting15%- Configure security for issues and objects
- Set up lookups and perspectives
- Manage issue lifecycle and resolution
- Troubleshoot common configuration errors
Models, Controls & Assessments20%- Manage assessment results and remediation
- Create and manage models and controls
- Build assessment templates and plans
- Initiate planned and ad-hoc assessments
Risk Management Cloud Overview & Implementation Planning15%- Gather implementation requirements
- Understand architecture and components
- Assemble risk control matrix data
Financial Reporting Compliance Configuration25%- Configure pod environment
- Define data security policies
- Configure perspectives for security and reporting
- Set up job and duty roles

Oracle 1Z1-1058 Exam FAQ: Considerate Answers

Oracle Risk Management Cloud 2019 Implementation Essentials is an official Oracle exam, registered under the code 1Z1-1058. Passing it earns the Oracle Risk Management Cloud 2019 Certified Implementation Specialist certification at the Specialist level. It also connects to Oracle Financials Cloud, Oracle Governance, Risk and Compliance (GRC) Cloud. In a fast-developed industry, this certificate is a promise to your career and your next promotion.

No mandatory prerequisites; recommended hands-on experience with Oracle Risk Management Cloud and related modules

Vendor policies do evolve, so confirm the current conditions before you register on the official exam page.

The Oracle Risk Management Cloud 2019 Implementation Essentials exam contains 50 questions within 90 minutes. Former customers share a consistent secret: two or three regular hours of daily practice beat sporadic cramming. The DumpsActual engine covers every important test point, so a steady routine builds both knowledge and the pacing the clock demands.

Passing Oracle Risk Management Cloud 2019 Implementation Essentials requires 68%, and the official fee is USD 245. Retakes bill the full USD 245 again, so treat readiness as something to verify, not assume: when your DumpsActual practice scores clear the requirement day after day, you are ready to book.

Registration for Oracle Risk Management Cloud 2019 Implementation Essentials runs through the official channels below.

One scheduling detail: the exam is delivered Online proctored or onsite at Pearson VUE testing centers.

Yes, Oracle recommends the following training for Oracle Risk Management Cloud 2019 Implementation Essentials candidates.

Whichever training you follow, practice daily with the 76 questions in the DumpsActual 1Z1-1058 package; regular hours with real exam-style items are what turn preparation into a pass.

Oracle Risk Management Cloud 2019 Implementation Essentials is divided into 5 official domains, led by Risk Management Cloud Overview & Implementation Planning (15%), Models, Controls & Assessments (20%), and Issues, Security & Reporting (15%). The full outline is above; while details shift over time, the main test points stay steady, and we have already sorted them for you.

Yes and yes. If you are a little suspicious, download the free demo of the Oracle Risk Management Cloud 2019 Implementation Essentials questions and check the material before deciding. After purchase, updates are free for 365 days, with new versions sent to you as soon as test points change; after expiry, extending the update service costs 50% of the regular price.

We promise it in writing: a 100% money-back guarantee under defined conditions. Take the Oracle Risk Management Cloud 2019 Implementation Essentials exam within 60 days of purchase; if you fail, claim a full refund according to your transcript by submitting a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, processed within 7 days. The exam must match your product, candidate and payer names must match, and attempts within 3 days of purchase, unused downloads, free materials, and expired orders are excluded. Alternatively, switch freely to other exam material: two equivalent products, free, with updates retained on your original purchase.

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Oracle Risk Management Cloud 2019 Implementation Essentials Sample Questions:

Question #1

A Control Manager has changed the status of an 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. Active
  • B. Approved
  • C. In Edit
  • D. In Review
  • E. Reported
Reveal Solution  Discussion  0

Correct Answer: E  🗳️

Question #2

When running Synchronize Transaction from the Data Sources page of Application Configurations, which statement is true when you have two models using invoice and payment business objects?

  • A. One job will run for the two objects based on transactions dated after the Transaction Created As of Date.
  • B. One job will run for the two objects and the Transaction Created As of Date has no impact on the data.
  • C. Two jobs will run for the two objects based on transactions dated after the Transaction Created As of Date.
  • D. One job will run for the two objects based on transactions dated before the Transaction Created As of Date.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #3

Which two would need to happen in order for Advanced Access Controls (AAC) to automatically assign a status of "Closed" to an access incident? (Choose two.)

  • A. A global condition was added that resolves the conflict and a subsequent evaluation of controls finds that the incident no longer exists.
  • B. A user sets the Status of the incident to "Resolved".
  • C. The incident is resolved using simulation in AAC and a subsequent evaluation of controls finds that the incident no longer exists.
  • D. The incident is resolved in Fusion Cloud and a subsequent evaluation of controls finds that the incident no longer exists.
  • E. A user sets the State of the incident to "Remediate".
Reveal Solution  Discussion  0

Correct Answer: D,E  🗳️

Question #4

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 function filter grouping by "Organization ID" where the sum of "Payment Amount" is greater than 100,000.
  • B. Add a standard filter where the "Payment" object's "Organization ID" is equal to itself.
  • C. Add a function filter grouping by "Supplier ID" where the sum of "Payment Amount" is greater than
    100,000.
  • D. Add a standard filter where the "Payment" object's "Organization ID" equals BU1, BU2, BU3, BU4.
  • E. Add a standard filter where the "Payment" object's "Organization ID" equals BU5, and advanced option
    "Exclude" is checked.
Reveal Solution  Discussion  0

Correct Answer: A,D  🗳️

Question #5

You are implementing Advanced Access Controls for a client. You need to create a model that returns users who have been assigned a specified access point but excludes a specific operating unit.
Which business object(s) do you need to add to your model to accomplish this objective?

  • A. Access Point
  • B. Access Point and User Business Object
  • C. Access Point and Fusion Access Condition
  • D. Fusion Access Condition
  • E. Access Entitlement
Reveal Solution  Discussion  0

Correct Answer: E  🗳️

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