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

  • Exam Code: 1Z1-1058
  • Exam Name: Oracle Risk Management Cloud 2019 Implementation Essentials
  • Updated: Oct 31, 2026
  • Q & A: 76 Questions and Answers

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About Oracle 1Z1-1058 Exam

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Oracle 1Z1-1058 Exam Syllabus Topics:

SectionObjectives
Topic 1: Configuring Security- Security Administration
  • 1. Access Control Configuration
  • 2. Privilege Assignment
  • 3. User and Role Management
Topic 2: Assessments and Surveys- Assessment Framework
  • 1. Risk Evaluation
  • 2. Assessment Templates
  • 3. Survey Configuration
Topic 3: Advanced Access Controls- Access Control Configuration
  • 1. User Access Monitoring
  • 2. Segregation of Duties Analysis
  • 3. Access Models
Topic 4: Gather Implementation Requirements- Business Requirements Analysis
  • 1. Implementation Planning
  • 2. Business Process Assessment
  • 3. Risk Management Cloud Overview
Topic 5: Risk Management Objects- Object Management
  • 1. Risk Objects
  • 2. Issue Management
  • 3. Control Objects
Topic 6: Initial Configuration and Data Migration- Environment Setup
  • 1. Enterprise Configuration
  • 2. Security Initialization
  • 3. Data Import and Migration
Topic 7: Financial Reporting Compliance- Compliance Management
  • 1. Compliance Monitoring
  • 2. Control Testing
  • 3. Process Documentation
Topic 8: Reporting and Analytics- Reporting
  • 1. Transaction Business Intelligence
  • 2. Audit and Compliance Reporting
  • 3. Dashboards and Reports
Topic 9: Advanced Financial Controls- Financial Controls Configuration
  • 1. Transaction Models
  • 2. Financial Control Rules
  • 3. Exception Management

Oracle Risk Management Cloud 2019 Implementation Essentials Exam: Three Versions, Zero Worries

Three versions of the same study materials: a printable, expert-prepared PDF with free demo download and instant access; a Desktop Test Engine for Windows with customizable simulation and timed modes that works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS with test history and performance review. All 76 practice questions are identical across versions. Every purchase includes 365 days of free updates, a 50% renewal discount afterward, and unlimited computer installations.

The Oracle Risk Management Cloud 2019 Implementation Essentials exam requires 65% to pass, and registration costs $245 USD. A failed attempt means paying the same fee again — a readiness check with the VCETorrent engines before booking is the cheaper option.

The 1Z1-1058 exam is a Oracle certification exam validating the Oracle Risk Management Cloud 2019 Implementation Essentials syllabus shown above. It belongs to these credential paths: Oracle Risk Management Cloud 2020 Certified Implementation Specialist. Candidates in 2026 start with VCETorrent's 76 practice questions, available as a printable PDF, a Windows Desktop Test Engine, and an Online Test Engine — three versions of the same materials.

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The official Oracle Risk Management Cloud 2019 Implementation Essentials outline defines 9 domains. The leading three are Assessments and Surveys, Gather Implementation Requirements, and Advanced Access Controls. The full list is in the topics section above, and VCETorrent's 76 practice questions cover each one.

Oracle recommends hands-on implementation experience and knowledge of Oracle ERP Cloud applications. No mandatory prerequisite exam. Since requirements change over time, confirm the latest on the official Oracle exam page before scheduling.

The Oracle Risk Management Cloud 2019 Implementation Essentials exam contains 60 to complete within 105 minutes. Timed simulation in the VCETorrent Desktop Test Engine teaches that rhythm before exam day does.

Oracle recommends these training resources for the Oracle Risk Management Cloud 2019 Implementation Essentials exam:

    Follow the training with steady self-testing — the 76 practice questions from VCETorrent help you apply theory and fill any gaps the training leaves.

    Pearson VUE Testing Center or Oracle Online Proctored Exam Register for the Oracle Risk Management Cloud 2019 Implementation Essentials exam through these official channels:

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      Oracle Risk Management Cloud 2019 Implementation Essentials Sample Questions:

      Question #1

      You are gathering requirements on how your client performs control assessments. Which three tasks should you complete to set up assessments in Financial Reporting Compliance? (Choose three.)

      • A. Determine whether assessments templates, plans, and completed assessments need to go through a review and approve workflow.
      • B. Determine if control assessments are planned ahead of time or are run impromptu.
      • C. Understand the sample size for each audit test.
      • D. Identify the type of assessments included in each assessment cycle.
      • E. Determine the main objectives of deploying the control.
      Reveal Solution  Discussion  0

      Correct Answer: A,B,C  🗳️

      Question #2

      You have built a transaction model to identify possible duplicate charges between invoicing and expense credit cards. The model logic already includes two standard filters that identify amounts and suppliers that are the same or similar, as shown:

      Which additional date filter will further refine the set of duplicate charges found?

      • A. The "Payables Invoice" object's "Invoice Date" attribute is greater than the "Expense Report Credit Card Transaction" object's "Transaction Date" attribute.
      • B. The "Payables Invoice" object's "Invoice Date" attribute is similar to the "Expense Report Credit Card Transaction" object's "Transaction Date" attribute within +/- 10 days.
      • C. The "Expense Report Credit Card Transaction" object's "Last Updated Date" attribute is greater than the "Relative Value" of 3 months.
      • D. The "Expense Report Credit Card Transaction" object's "Transaction Date" attribute is not blank.
      Reveal Solution  Discussion  0

      Correct Answer: B  🗳️

      Question #3

      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 Issue Manager Composite and Issue Validator Composite
      • B. Seeded Issue Manager Composite
      • C. Seeded Risk Issue Manager and Control Issue Manager
      • D. Seeded Risk Manager Composite, Control Manager Composite, and Issue Manager Composite
      Reveal Solution  Discussion  0

      Correct Answer: D  🗳️

      Question #4

      After adding a new control in Financial Reporting Compliance, the control owner clicks Submit. Users with the Control Reviewer and Control Approver roles exist.
      What is the expected outcome?

      • A. The control goes into the "Approved" state.
      • B. The control goes into the "In Review" state.
      • C. The control goes into the "Waiting for Approval" state.
      • D. The control goes into the "New" state.
      Reveal Solution  Discussion  0

      Correct Answer: B  🗳️

      Question #5

      Select three fields that are required to create an impromptu assessment. (Choose three.)

      • A. Template
      • B. Due Date
      • C. Activity
      • D. Perspectives
      • E. Name
      • F. Reviewer
      Reveal Solution  Discussion  0

      Correct Answer: A,B,E  🗳️

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