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Oracle 1Z0-1058-21 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Risk Management Cloud 2021 Implementation Essentials |
| Exam Number: | 1Z0-1058-21 |
| Real Exam Qty: | 50-60 |
| Related Certifications: | Oracle Financials Cloud Oracle Risk Management Cloud Implementation Specialist |
| Exam Format: | Multiple Response, Multiple Choice |
| Exam Duration: | 90 minutes |
| Passing Score: | 68% |
| Exam Price: | 245 USD |
| Available Languages: | English |
| Certificate Validity Period: | 18 months |
| Recommended Training: | Oracle University Risk Management Cloud Training |
| Exam Registration: | Oracle Certification Portal Pearson VUE Oracle Exams |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored via Pearson VUE or Oracle testing platform |
| Pre Condition: | Recommended knowledge of Oracle Cloud Financials and enterprise risk management concepts |
| Official Syllabus URL: | https://www.oracle.com/training/certification/ |
Oracle 1Z0-1058-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Risk and Compliance Management | - Risk Assessment
|
| Topic 2: Implementation and Testing | - Deployment Lifecycle
|
| Topic 3: Configuration and Setup | - Data Model Configuration
|
| Topic 4: Reporting and Analytics | - Risk Reporting
|
| Topic 5: Oracle Risk Management Cloud Overview | - Risk Management Framework Concepts
|
| Topic 6: Advanced Controls | - Transaction Controls
|
Your Oracle Risk Management Cloud 2021 Implementation Essentials Questions, Answered
Oracle Risk Management Cloud 2021 Implementation Essentials is an official Oracle exam, registered under the code 1Z0-1058-21. A passing score earns you the Oracle Risk Management Cloud certification, positioned at the Professional level. The credential also connects to Oracle Financials Cloud, Oracle Risk Management Cloud Implementation Specialist, so it can anchor a broader certification path. Because Oracle designs its exams around real job tasks, holding this certification signals practical skill rather than memorized theory.
Candidates face 50-60 questions inside a 90 minutes window on the Oracle Risk Management Cloud 2021 Implementation Essentials exam. That ratio leaves little slack, which is why pacing deserves as much practice as the content itself. Learn to budget your minutes, park stubborn questions instead of wrestling them, and rehearse under a real clock: a few timed runs in the ActualCollection test engine will make the official time limit feel routine rather than threatening.
The passing bar for Oracle Risk Management Cloud 2021 Implementation Essentials is set at 68%, and registering for the exam officially costs 245 USD. There is no reduced price for a second try: fail, and you pay 245 USD in full again. That makes honest self-testing the cheapest insurance available, so hold off on booking until your ActualCollection practice scores sit clearly above the passing line, attempt after attempt.
Recommended knowledge of Oracle Cloud Financials and enterprise risk management concepts
Vendor policies are revised from time to time, so double-check the eligibility details before registering on the official exam page.
Sign-up for the Oracle Risk Management Cloud 2021 Implementation Essentials exam is handled through the official registration channels listed here.
One practical detail: the exam is delivered Online proctored via Pearson VUE or Oracle testing platform, so plan your logistics accordingly.
Oracle recommends the following training resources for candidates working toward Oracle Risk Management Cloud 2021 Implementation Essentials.
Training gives you the theory, but repetition locks it in. Pair any course with the 77 practice questions in the ActualCollection 1Z0-1058-21 package and you will know exactly how each topic shows up on exam day.
Absolutely. A free PDF demo of the Oracle Risk Management Cloud 2021 Implementation Essentials questions is available at ActualCollection, so you can inspect the quality and formatting before any money changes hands. Once you buy, updates are free for 365 days, and when that period runs out you can extend the update service at 50% off the regular price.
ActualCollection offers a 100% money-back guarantee with specific conditions. If you take the Oracle Risk Management Cloud 2021 Implementation Essentials exam within 60 days of purchase and fail, you may claim a full refund, provided the exam matches your product. Sitting the exam within 3 days of purchase disqualifies a claim, as do downloaded-but-unused products, free materials, and expired orders; the candidate name must also match the payer name. To file, submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and the claim is processed within 7 days. If you prefer, you can skip the refund and instead receive two other exam products of equal value at no charge while keeping the update service on your original purchase.
As for delivery: it is immediate. Your files become downloadable the moment payment completes and are also emailed to you within one minute. If nothing shows up within 2 hours, contact customer service. You may install the software on an unlimited number of computers.
Oracle Risk Management Cloud 2021 Implementation Essentials is divided into 6 official domains. Among the headline areas are Reporting and Analytics, Implementation and Testing, and Risk and Compliance Management. Scroll up to the exam topics section for the full breakdown, and use it as a checklist: any line you cannot confidently explain deserves another round of practice.
Oracle Risk Management Cloud 2021 Implementation Essentials Sample Questions:
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 Administrator needs to run the synchronize jobs to populate the mapping.
- C. The Risk Owner account is inactive.
- D. The risk and control objects are inactive and need to be made active.
You have scheduled quarterly assessments for a Control object at the beginning of the year with future dates.
However, the test plans associated with the Control object were updated before the assessment could be started. Which statement is true about this scenario?
- A. The scheduled assessment process will end in error.
- B. The updated test plans will become available during the assessment.
- C. The assessment will be associated with the version of the testplans from the time of assessment initiation.
- D. The user will have the option to select the older or newer versions of the test plans during the assessment process.
Which part of the security structure cannot be created or viewed from the Security Console, when configuring security for Financial Reporting Compliance?
- A. Data Security Policy
- B. Job Role Perspective Policy
- C. Functional Security Policy
- D. Composite Duty Role
Which two options can be assigned to a duty role? (Choose two.)
- A. Data Security Policy
- B. Job Role
- C. Abstract Role
- D. Functional Security Policy
Which three are true about implementing a best practice solution for Financial Reporting Compliance?
(Choose three.)
- A. Large scope of project requires high effort for maintenance and administration.
- B. It provides maximum return on investment withminimum project risk.
- C. It promotes successful adoption and minimizes on-going cost of operation.
- D. It promotes go-live with minimal acceptance testing and user training.
- E. It promotes rapid implementation and go-live.
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