Question No. 1

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

AFunction filter grouping by ''Supplier ID'' where count is greater than 1.

BStandard filter where the ''Supplier'' object's ''Supplier ID'' is equal to itself.

CFunction filter grouping by ''Taxpayer ID'' where count is greater than 1.

DStandard filter where the ''Supplier'' object's ''Allow Withholding Tax'' is not blank.

EStandard filter where the ''Supplier'' object's ''Taxpayer ID'' is not blank.

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Correct Answer: A, E

Question No. 2

You are remediating access incidents in Advanced Access Controls (AAC), and have just completed the remediation of a segregation of duties conflict for users in Fusion Security by removing the conflicting access from the users.

What status do you set for the incident in AAC?

AResolved

BRemediation

CRemedy

DAuthorized

EAccepted

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Correct Answer: B

Question No. 3

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 to these companies?

ACreate an Imported business object that can be used in conjunction with Oracle's pre-built ''Payment'' object. One both objects are in your model, add this standard filter: the ''Payment'' object's ''Remit to Supplier Name'' is similar to the custom object's ''Company Name'' by 95%.

BAdd a configurable attribute ''Company Name'' to Oracle's pre-built ''Payment'' object. Then add this standard filter: ''Remit to Supplier Name'' equals ''Company Name''.

CYou cannot define this model because imported objects from a file cannot be used with delivered objects.

DCreate an Imported business object that can be used in conjunction with Oracle's pre-built ''Payables Invoice'' object. Once both objects are in your model, add this standard filter: the ''Payables Invoice'' object's ''Supplier Name'' equals the custom object's ''Company Name''.

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Correct Answer: D

Question No. 4

You can relate objects in Financial Reporting Compliance. Which statement is true about editing or creating related objects in the Related Objects section on the Risk Definition page?

AYou can relate only process objects.

BYou can relate a new process and a new control.

CYou can relate only control objects.

DYou can relate only an existing control, but not a new control.

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Correct Answer: B

Question No. 5

Which three tasks should be completed before starting the Financial Reporting Compliance implementation? (Choose three.)

AMigrate the organization's existing risk and control matrix into Financial Reporting Compliance.

BComplete control review and assessment for one period/cycle with the actual business owners.

CCreate a project plan with objectives, goals, and exit criteria.

DIdentify Financial Reporting Compliance users for everyday use, administration, and sustained use.

EPlan to go-live with a simple scope and later expand the solution to include additional business units/organizations/compliance frameworks.

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Correct Answer: B, D, E

Free Oracle 1Z0-1058-23 Exam Actual Questions

The questions for 1Z0-1058-23 were last updated On Nov 21, 2024