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How to Prepare For Oracle Risk Management Cloud 2020 Implementation Essentials 1z0-1058-20 Exam

Preparation Guide for Oracle Risk Management Cloud 2020 Implementation Essentials 1z0-1058-20 Exam

Introduction

Oracle offers the most encompassing, up-to-date, and sought after global training and certification program for IT professionals.

Certification is evidence of your skills, expertise in those areas in which you like to work. If the candidate wants to work on 1z0-1058-20 and prove his knowledge, Certification offered by Oracle. This 1z0-1058-20 Certification helps a candidate to validates his skills in risk management implementation, data Migration, Financial reporting.

In this guide, we will cover the 1z0-1058-20 Exam, 1z0-1058-20 Certified professional salary and all aspects of the 1z0-1058-20 Certification.

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)

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

2. Data Migration

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

3. Manage Objects

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

4. Manage Issues

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

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

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

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

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

7. Security

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

8.Manage Assessments

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

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

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

10. Advanced Financial Controls (fka Transaction Controls Governor)

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

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Oracle 1Z0-1058-20 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Issue Management and Workflow10%- Manage issue resolution process
- Explain issue lifecycle
- Describe remediation and simulation functions
Topic 2: Models, Controls and Assessments25%- Manage assessment templates and plans
- Initiate planned and ad-hoc assessments
- Explain Result Management process
- Create and manage Models and Controls
Topic 3: Data Import, Export and Troubleshooting15%- Assemble and prepare risk control matrix data
- Perform import and export operations
- Validate import templates before loading
- Troubleshoot data import errors
Topic 4: Security and Data Perspective Management20%- Create and manage Perspectives
- Describe security-related jobs and processes
- Configure Perspective-based Data Security policies
- Manage job roles, duty roles, and security policies
Topic 5: Implementation Planning and Configuration15%- Configure pod for Financial Reporting Compliance
- Initial setup and best practice process implementation
- Plan implementation and gather requirements
Topic 6: Advanced Controls Configuration15%- Initial Advanced Controls setup
- Configure Advanced Financial Controls
- Describe Transaction Controls and monitoring
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