1Z0-1058 Online Practice Questions and Answers

Which three steps can be performed by using the Configure Module Objects pages? (Choose three.)

A. Choose display (or hide) configurable options for: results, events, consequences and treatments.

B. Set "object-perspective" association.

C. Create object data import templates.

D. Edit the assessment activity question and guidance text for all assessment types.

E. View assessment response details for all assessment types.

You have built a transaction model to identify possible duplicate charges between invoicing and expense credit cards. The model logic already includes two standard filters that identify amounts and suppliers that are the same or similar, as shown:

Which additional date filter will further refine the set of duplicate charges found?

A. The "Payables Invoice" object's "Invoice Date" attribute is greater than the "Expense Report Credit Card Transaction" object's "Transaction Date" attribute.

B. The "Expense Report Credit Card Transaction" object's "Last Updated Date" attribute is greater than the "Relative Value" of 3 months.

C. The "Expense Report Credit Card Transaction" object's "Transaction Date" attribute is not blank.

D. The "Payables Invoice" object's "Invoice Date" attribute is similar to the "Expense Report Credit Card Transaction" object's "Transaction Date" attribute within +/- 10 days.

A Control Manager has changed the status of an issue to "In Remediation" and has submitted it. What will be the state of the Issue if there is no issue validator, reviewer, or approver configured?

A. In Review

B. Active

C. Reported

D. Approved

E. In Edit

Your customer has a requirement to define an IT Compliance Manager job role with privileges to manage risks and controls, and the issues related to the risks and controls. What are the duty roles that must be included in this job role to achieve this requirement?

A. Seeded Issue Manager Composite and Issue Validator Composite

B. Seeded Risk Issue Manager and Control Issue Manager

C. Seeded Issue Manager Composite

D. Seeded Risk Manager Composite, Control Manager Composite, and Issue Manager Composite

You are configuring security and you do not want the risks to go through the review and approve process each time they are updated. How will you meet this requirement?

A. Add the Risk Reviewer Composite duty role to the person who creates the risks so he or she would be able to review them before saving the record.

B. Use only the Risk Approver Composite duty role in the configurations so the risks will not go through the review process.

C. Ensure that only the upper management is given the Risk Reviewer Composite duty role so they could review the risks that they want to review.

D. Ensure that no user has been assigned a job role that includes the Risk Reviewer Composite or Risk Approver Composite Duty Role.

Which statement related to Advanced Access Controls is true?

A. If helps enforce segregation of duties.

B. If helps perform risk analysis and evaluation.

C. It analyzes transaction records.

D. It documents risks and controls.

Which two options can be assigned to a duty role? (Choose two.)

A. Functional Security Policy

B. Abstract Role

C. Data Security Policy

D. Job Role

Your client has subscribed to Financial Reporting Compliance and would like to address risks using

treatment plans.

Which option shows the settings that will help in achieving this configuration?

A. Configure Module Perspectives > Edit Financial Reporting Compliance > Risk-Organization mapping set to required, active.

B. Configure Module Objects > Edit Risk Object Configuration > Treatment = Show

C. Configure Module Objects > Edit Risk Object Configuration > Treatment = Hide and Default

D. Configure Module Objects > Edit Control Object Configuration > Result = Show

E. Configure Module Objects > Edit Risk Object Configuration > Result = Show

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

A. Perspectives can be used to define user privileges.

B. Perspectives can be used for categorizing Financial Reporting Compliance objects.

C. Perspectives can be used to represent regional hierarchies.

D. Perspectives are used to enable data security on Financial Reporting Compliance objects.

E. Perspectives enable functional security in Financial Reporting Compliance.

You are validating your customer's import template before import. The customer requires that all controls be set up so they are noted to be used for the Audit Test assessment type. How do you verify that this has been done?

A. The Assessment Flag and the Audit Testing Flag are both set to "Y."

B. The Control has a related process.

C. The Control status filed is set to "Audit Test."

D. The Control comment filed has a notation for "Audit Test."