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Updated: Jul 29, 2026

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Oracle 1z0-1058-23 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Risk Management Cloud 2023 Implementation Professional
Exam Number:1Z0-1058-23
Available Languages:English
Passing Score:68%
Related Certifications:Oracle Risk Management Cloud 2023 Certified Implementation Professional
Certificate Validity Period:Oracle Cloud certification credentials are generally valid for the corresponding product release cycle
Exam Duration:90 minutes
Exam Price:$245 USD
Exam Format:Multiple Choice
Real Exam Qty:50
Sample Questions:Oracle 1z0-1058-23 Sample Questions
Exam Way:Online proctored exam or test center delivery through Oracle Certification Program.
Pre Condition:Oracle recommends hands-on implementation experience with Oracle Risk Management Cloud and related Oracle Fusion Applications. No mandatory prerequisite exam.
Official Syllabus URL:https://education.oracle.com/

Oracle 1z0-1058-23 Exam Syllabus Topics:

SectionWeightObjectives
Advanced Access Controls25-30%- Access Models
  • 1. Manage Access Risk Analysis
  • 2. Segregation of Duties Controls
  • 3. Configure Access Models
Reporting and Administration5-10%- System Management
  • 1. Risk Management Reports
  • 2. Data Import and Maintenance
  • 3. Security and Configuration
Risk Management Cloud Overview10-15%- Risk Management Cloud Architecture
  • 1. Risk Management Components
  • 2. Business Objectives and Use Cases
Transaction Controls20-25%- Transaction Monitoring
  • 1. Configure Transaction Models
  • 2. Manage Incidents
  • 3. Detect and Investigate Violations
User Access Certification10-15%- Certification Campaigns
  • 1. Review and Certify User Access
  • 2. Create Access Certifications
Financial Reporting Compliance20-25%- Controls and Certifications
  • 1. Issue Tracking and Remediation
  • 2. Compliance Monitoring
  • 3. Manage Financial Controls

Oracle Risk Management Cloud 2023 Implementation Professional Sample Questions:

1. Which three risk assessment activity types are available in Financial Reporting Compliance? (Choose three.)

A) Assess Risk
B) Qualitative Analysis
C) Quantitative Analysis
D) Audit
E) Certify
F) Design Review


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


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

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


4. You are implementing Advanced Access Controls for a client. You need to create a model that returns users who have been assigned a specified access point but excludes a specific operating unit.
Which business object(s) do you need to add to your model to accomplish this objective?

A) Access Entitlement
B) Access Point and Fusion Access Condition
C) Fusion Access Condition
D) Access Point
E) Access Point and User Business Object


5. Which two filters must be combined to identify different suppliers who use the same taxpayer ID? (Choose two.)

A) Function filter grouping by "Supplier ID" where count is greater than 1.
B) Standard filter where the "Supplier" object's "Taxpayer ID" is not blank.
C) Function filter grouping by "Taxpayer ID" where count is greater than 1.
D) Standard filter where the "Supplier" object's "Supplier ID" is equal to itself.
E) Standard filter where the "Supplier" object's "Allow Withholding Tax" is not blank.


Solutions:

Question # 1
Answer: D,E,F
Question # 2
Answer: D
Question # 3
Answer: A,C,D
Question # 4
Answer: E
Question # 5
Answer: B,C

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