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| Section | Weight | Objectives |
|---|---|---|
| Risk Management Cloud Overview | 15% | - Deployment options - Security and access model - Architecture and components |
| Transaction Controls | 20% | - Control rule definition - Exception handling - Monitoring and alerting - Transaction model configuration |
| Advanced Access Controls | 25% | - Control creation and monitoring - Segregation of duties (SoD) modeling - Remediation and mitigation - Access risk analysis |
| Financial Reporting Compliance | 30% | - Assessment setup and execution - Perspectives and hierarchies - Issue management and remediation - Risk and control definition |
| Integration and Administration | 10% | - Data import/export - System configuration and maintenance - Integration with Fusion Applications |
1. Which three steps can be performed by using the Configure Module Objects pages? (Choose three.)
A) Choose display (or hide) configurable options for: results, events, consequences and treatments.
B) View assessment response details for all assessment types.
C) Create object data import templates.
D) Set "object-perspective" association.
E) Edit the assessment activity question and guidance text for all assessment types.
2. 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 D
B) Option E
C) Option B
D) Option A
E) Option C
3. You are designing data for data import. The customer decided that they want to secure controls based on their company organization.
Which three worksheets of the import template are required to accomplish this requirement? (Choose three.)
A) Controls
B) Perspective Items
C) Control Test Plans
D) Perspective-Control
4. During implementation, you created a risk object and successfully mapped it to a control object. The client's Risk Owner is able to access the risk but not the control.
Why did this happen?
A) The Risk Owner role does not have the right privileges.
B) The risk and control objects are inactive and need to be made active.
C) The Risk Owner account is inactive.
D) The Risk Administrator needs to run the synchronize jobs to populate the mapping.
5. 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) In Edit
C) In Review
D) Approved
E) Reported
Solutions:
| Question # 1 Answer: A,B,D | Question # 2 Answer: A,D | Question # 3 Answer: A,B,C | Question # 4 Answer: A | Question # 5 Answer: E |
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