Which part of the security structure cannot be created or viewed from the Security Console, when configuring security for Financial Reporting Compliance?

Correct Answer for the Question – Which part of the security structure cannot be created or viewed from the Security Console, when configuring security for Financial Reporting Compliance? is given below Which part of the security structure cannot be created or viewed from the Security Console, when configuring security for Financial Reporting Compliance?Reference: https://docs.oracle.com/en/cloud/saas/risk-management/19b/fasor/functional-security.html#FASOR1885872 Composite Duty … Read more

Which two should you determine to ensure that your client can successfully maintain and administer Perspectives post go-live?

Correct Answer for the Question – Which two should you determine to ensure that your client can successfully maintain and administer Perspectives post go-live? is given below Which two should you determine to ensure that your client can successfully maintain and administer Perspectives post go-live? (Choose two.) Identify if your client wants to review and/or approve … Read more

Which step was missed during the import process?

Correct Answer for the Question – Which step was missed during the import process? is given below 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 … Read more

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.

Correct Answer for the Question – 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 … Read more

Which three worksheets of the import template are required to accomplish this requirement?

Correct Answer for the Question – Which three worksheets of the import template are required to accomplish this requirement? is given below You are designing data for data import. The customer decided that they want to secure controls based on their company organization.Which three worksheets of the import template are required to accomplish this requirement? (Choose … Read more

Which transaction model will identify payments made to these companies?

Correct Answer for the Question – Which transaction model will identify payments made to these companies? is given below An organization has a list of companies with which they no longer wish to do business. The list is not stored in their ERP Could but is stored in a file.Which transaction model will identify payments made … Read more

Which statement related to Advanced Access

Correct Answer for the Question – Which statement related to Advanced Access is given below Which statement related to Advanced AccessControls is true?Reference: https://docs.oracle.com/en/cloud/saas/risk-management/18c/fauaa/using-advanced-access-controls.pdf If helps enforce segregation of duties. If helps perform risk analysis and evaluation. It analyzes transaction records. It documents risks and controls. Correct Answer The Correct Answer for this Question is If … Read more

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

Correct Answer for the Question – How do you identify Financial Reporting Compliance Cloud’s key stakeholders? is given below How do you identify Financial Reporting Compliance Cloud’s key stakeholders? Identify users who need to create and submit expense reports easily. Identify users who will create customer invoices, and receive and apply customer payments. Identify executives who … Read more

How do you populate the Control Method field with a new custom value, such as a thirdparty application’?

Correct Answer for the Question – How do you populate the Control Method field with a new custom value, such as a thirdparty application’? is given below How do you populate the Control Method field with a new custom value, such as a thirdparty application’? Enter the new value directly in the Control method field. Use … Read more

What will be the state of R100 and C100 after submitting?

Correct Answer for the Question – What will be the state of R100 and C100 after submitting? is given below You have created a risk definition R100 and have created a new control C100 for this risk. No user has been assigned the Risk or Control reviewer and approver roles. What will be the state of … Read more