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Oracle Risk Management Cloud 2023 Implementation Professional Sample Questions:
1. You are implementing Advanced Financial Controls and you want to identify suspect transactions where the payment amount is less than $20 USD. However, you only want the results returned to be temporary.
What will you build in order to accomplish your objective?
A) Template
B) Control
C) Business object
D) Model
E) Filter
2. The internal auditor advised the Control Owner of North America to perform assessment for two P2P controls.
Which three steps can the Control Owner perform to kick-off assessments for only those two controls?
(Choose three.)
A) Initiate a planned assessment and include the two controls as part of the same assessment.
B) Enable impromptu assessments during configuration of module objects.
C) Initiate two planned assessments, one for each control.
D) Perform impromptu assessments for the two controls.
E) Initiate a planned assessment that includes all controls assigned to perspective P2P.
3. 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 E
B) Option D
C) Option A
D) Option C
E) Option B
4. Your customer has a requirement to define an IT Compliance Manager job role with privileges to manage risks and controls, and the issues related to the risks and controls.
What are the duty roles that must be included in this job role to achieve this requirement?
A) Seeded Risk Issue Manager and Control Issue Manager
B) Seeded Risk Manager Composite, Control Manager Composite, and Issue Manager Composite
C) Seeded Issue Manager Composite and Issue Validator Composite
D) Seeded Issue Manager Composite
5. After generating an XML file export of Advanced Controls perspectives, you receive a message that the export job has been generated.
What are the three steps you need to perform in order to download and review the formatted export file?
(Choose three.)
A) Click the Item Results link.
B) Open with an HTML editor.
C) Click the Export File button.
D) Navigate to Monitor Jobs and click the message link for the export job.
E) Open with an XML editor, such as Excel.
Solutions:
Question # 1 Answer: D | Question # 2 Answer: A,C,D | Question # 3 Answer: A,C | Question # 4 Answer: B | Question # 5 Answer: B,C,D |

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