Try and practice the latest Oracle : 1Z0-958 real questions & answers

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

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

During an assessment, an issue was created. Your job as the Issue Manager is to review the issues and validate them. If it is determined that they are not valid issues, you need to close them. You have found an issue that is not valid and with Status: Open and State: Reported.
Identify the correct step to close this issue.

• A. On the Manage Issues page, highlight the issue and click the Close button.
• B. After you have completed the remediation plan, click the Close button on the Remediation Plan page.
• C. Ensure that the issue status is In Edit, and then from the Actions menu, select Close Issue.
• D. The assessment associated to the issue must be completed before closing the issue. Only then can you close the issue.

How do you identify Financial Reporting Compliance Cloud's key stakeholders?

• A. Identify users who need to create and submit expense reports easily.
• B. Identify executives who need to certify internal controls for SOX or similar mandates.
• C. Identify users who will create customer invoices, and receive and apply customer payments.
• D. Identify executives who will manage customer balances and recognize revenue.

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. The Control Method was not set to a valid value.
• C. The Controls were not related to any risk objects.
• D. Data security policies for Controls were not created.

Your client has configured separate roles for control assessor and control assessment reviewer. The control assessor has submitted his or her assessment. The control assessor realizes later that he or she has forgotten to attach a critical test evidence document to the assessment and needs to attach it now.
How can this be accomplished?

• A. The assessor can request the reviewer to attach the document during the review.
• B. The assessor can request the reviewer to reject the assessment. After the assessment is rejected, the assessor can then attach the document and resubmit the assessment.
• C. On the Assessment tab in the Control definition, the assessor can select the assessment and click the Complete Assessment button. He or she can attach the document and resubmit the assessment.
• D. On the Manage Assessments page, the assessor can select the assessment and click the Reopen button.
  He or she can then attach the document and resubmit the assessment.