Oracle 1z0-1058-23 Exam With Confidence Using Practice Dumps

• Functional Security Policy: This selects a set of functional privileges, each permitting the use of a field or other user-interface feature. It defines a policy for a duty role, selecting functional privileges to be inherited by other roles the duty role belongs to1.
• Data Security Policy: These policies apply to Oracle Cloud applications and can be assigned to duty roles. They grant access to work areas, dashboards, task flows, application pages, reports, batch programs, etc2.

References: For the official and verified answer, please refer to the Oracle Risk Management documentation on their website, specifically the sections discussing the creation of roles and the assignment of function security policies and data security policies to duty roles132.

Upon submission, if no user has been assigned the Risk or Control reviewer and approver roles for a newly created risk definition and its associated control, the system automatically places both the risk (R100) and the control (C100) in the “In Review” state. This status indicates that the risk and control are pending review and are not yet approved or active within the system. The “In Review” state serves as a holding status until the appropriate roles are assigned and the review and approval process can be completed.

References:The information is based on the Oracle Risk Management Cloud documentation and resources, which detail the workflow and states of risk and control objects within the system123.

In Oracle Risk Management, when you want to identify Controls with the most Incidents, particularly where those Controls account for a significant percentage (like 80%) of all Incidents, you would apply the Pareto principle. This principle is also known as the 80/20 rule, where roughly 80% of the effects come from 20% of the causes. In this context, after importing a custom object that contains the number of incidents associated with each control into a transaction model, you would use the Pareto pattern filter. This filter will help you identify the subset of Controls that are contributing to the majority of Incidents, allowing you to focus on the most critical areas that need attention.

References:

• Oracle Advanced Controls Cloud Service documentation1.
• Overview of Oracle Advanced Controls2.