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Updated: Aug 31, 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
Passing Score:68%
Available Languages:English
Exam Duration:90 minutes
Exam Format:Multiple Choice
Related Certifications:Oracle Risk Management Cloud 2023 Certified Implementation Professional
Real Exam Qty:50
Exam Price:$245 USD
Certificate Validity Period:Oracle Cloud certification credentials are generally valid for the corresponding product release cycle
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
Topic 1: User Access Certification10-15%- Certification Campaigns
  • 1. Create Access Certifications
  • 2. Review and Certify User Access
Topic 2: Risk Management Cloud Overview10-15%- Risk Management Cloud Architecture
  • 1. Business Objectives and Use Cases
  • 2. Risk Management Components
Topic 3: Reporting and Administration5-10%- System Management
  • 1. Risk Management Reports
  • 2. Data Import and Maintenance
  • 3. Security and Configuration
Topic 4: Financial Reporting Compliance20-25%- Controls and Certifications
  • 1. Manage Financial Controls
  • 2. Issue Tracking and Remediation
  • 3. Compliance Monitoring
Topic 5: Advanced Access Controls25-30%- Access Models
  • 1. Configure Access Models
  • 2. Manage Access Risk Analysis
  • 3. Segregation of Duties Controls
Topic 6: Transaction Controls20-25%- Transaction Monitoring
  • 1. Configure Transaction Models
  • 2. Manage Incidents
  • 3. Detect and Investigate Violations

Oracle Risk Management Cloud 2023 Implementation Professional Sample Questions:

Question 1

Your client is configuring their Test pod (which has no data) and has created their initial import template with controls, test plans, perspectives, and perspective-control mappings. They have used custom list of values for Control Frequency.
Which three tasks must be completed before performing the data import? (Choose three.)

A. Validate that there are no duplicate worksheet IDs within the same worksheet.
B. Validate that all nods on the Perspective Item tab are covered on the Perspective Hierarchy tab.
C. Validate that new lookup values are created for any custom list of values.
D. Validate that the control-perspective relationship has been created in Manage Module Perspectives.
E. Validate that the System ID column is populated correctly.


Question 2

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

A. Identify executives who will manage customer balances and recognize revenue.
B. Identify users who will create customer invoices, and receive and apply customer payments.
C. Identify users who need to create and submit expense reports easily.
D. Identify executives who need to certify internal controls for SOX or similar mandates.


Question 3

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


Question 4

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

A. Perspectives
B. Template
C. Activity
D. Reviewer
E. Due Date
F. Name


Question 5

You want to identify Controls with the most Incidents, with the condition that the identified Controls should have 80% of all Incidents. To do this, you have imported a custom object that contains the number of incidents associated with each control, and have added that object to a transaction model.
Which pattern filter must you now apply?

A. Pareto
B. Clustering
C. Anomaly Detection
D. Absolute Deviation
E. Mean


Solutions:

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

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