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  • Exam Code: 1z0-1058-23
  • Exam Name: Oracle Risk Management Cloud 2023 Implementation Professional
  • No. of Questions: 77 Questions and Answers
  • Updated: Oct 30, 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
Exam Format:Multiple Choice
Certificate Validity Period:Oracle Cloud certification credentials are generally valid for the corresponding product release cycle
Passing Score:68%
Exam Price:$245 USD
Exam Duration:90 minutes
Related Certifications:Oracle Risk Management Cloud 2023 Certified Implementation Professional
Available Languages:English
Real Exam Qty:50
Sample Questions: DOWNLOAD DEMO
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: Transaction Controls20-25%- Transaction Monitoring
  • 1. Manage Incidents
  • 2. Detect and Investigate Violations
  • 3. Configure Transaction Models
Topic 2: Risk Management Cloud Overview10-15%- Risk Management Cloud Architecture
  • 1. Business Objectives and Use Cases
  • 2. Risk Management Components
Topic 3: Financial Reporting Compliance20-25%- Controls and Certifications
  • 1. Issue Tracking and Remediation
  • 2. Manage Financial Controls
  • 3. Compliance Monitoring
Topic 4: Reporting and Administration5-10%- System Management
  • 1. Data Import and Maintenance
  • 2. Risk Management Reports
  • 3. Security and Configuration
Topic 5: User Access Certification10-15%- Certification Campaigns
  • 1. Create Access Certifications
  • 2. Review and Certify User Access
Topic 6: Advanced Access Controls25-30%- Access Models
  • 1. Configure Access Models
  • 2. Manage Access Risk Analysis
  • 3. Segregation of Duties Controls

Oracle Risk Management Cloud 2023 Implementation Professional Prep: What Matters More Than Volume

Oracle recommends hands-on implementation experience with Oracle Risk Management Cloud and related Oracle Fusion Applications. No mandatory prerequisite exam.
You need 68% to pass, and the exam fee is $245 USD. Money, time and energy all count as investment here — efficient preparation protects all three, which is exactly what the PrepAwayETE 1z0-1058-23 material is built for.
Because aimless effort is the most expensive kind. The PrepAwayETE bank pairs 77 practice questions for the 1z0-1058-23 exam with verified answers, a question set that stays lean by design, per-session scoring that exposes weak areas, and study guidance that turns every hour into targeted progress on the Oracle Risk Management Cloud 2023 Implementation Professional objectives — that is what efficiency looks like in practice.
Not necessarily. A bloated dump stuffed with outdated material wastes more time than it saves. The PrepAwayETE approach is different: 1z0-1058-23 content is updated in step with the real exam, and questions that become useless or invalid are removed, so the bank you study is always lean, clear and worth your hours. Fewer, fresher, verified questions beat thousands of stale ones — and they come with a plan that keeps your training on target instead of aimless.
About 50 questions within 90 minutes minutes. Timing yourself against that limit in the PrepAwayETE engine turns the real session into a familiar routine instead of a race you have never practiced.
The current Oracle Risk Management Cloud 2023 Implementation Professional outline distributes weight like this:
  • Financial Reporting Compliance (20-25%)
  • Transaction Controls (20-25%)
  • Reporting and Administration (5-10%)
That is your plan: heavy domains get the long sessions, light ones get the quick reviews, and the PrepAwayETE bank measures your hold on each.
The study guidance around them. The 1z0-1058-23 material at PrepAwayETE includes preparation hints and test-taking tips that help you identify weak areas, improve both conceptual knowledge and hands-on skills, and approach the Oracle Risk Management Cloud 2023 Implementation Professional exam with a method rather than a hope. Combined with per-session scoring and free 24/7 support, the questions become the core of a complete preparation system.

Oracle Risk Management Cloud 2023 Implementation Professional Sample Questions:

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. Use only the Risk Approver Composite duty role in the configurations so the risks will not go through the review process.
  • B. 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.
  • 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.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).

After adding a new control in Financial Reporting Compliance, the control owner clicks Submit. Users with the Control Reviewer and Control Approver roles exist.
What is the expected outcome?

  • A. The control goes into the "Waiting for Approval" state.
  • B. The control goes into the "New" state.
  • C. The control goes into the "In Review" state.
  • D. The control goes into the "Approved" state.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).

Which controls can user A manage for the following Control Manager role Configuration? See details of perspective trees and control-perspective association below.

  • A. Controls 2 and 4
  • B. None
  • C. All controls
  • D. Controls 1, 2, and 4
  • E. Controls 1 and 2
Reveal Solution  Discussion  0

Correct Answer: E  🗳️

Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).

The control manager needs to associate an existing test plan to an additional assessment type, Audit Test. The existing test plan is associated only with the Design Review assessment type.
How can this be accomplished?

  • A. The control's test plan should be updated to Audit Test as the assessment type.
  • B. The control manager should create a new test plan with Audit Test and Design Review as assessment types.
  • C. The control's test plan should be updated to include both Audit Test and Design Review as assessment types.
  • D. The control manager does not need to update the control because any initiated assessment will include all control test plans.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).

You have scheduled quarterly assessments for a Control object at the beginning of the year with future dates.
However, the test plans associated with the Control object were updated before the assessment could be started. Which statement is true about this scenario?

  • A. The scheduled assessment process will end in error.
  • B. The updated test plans will become available during the assessment.
  • C. The assessment will be associated with the version of the test plans from the time of assessment initiation.
  • D. The user will have the option to select the older or newer versions of the test plans during the assessment process.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).

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