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Last Updated: Oct 15, 2026

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Tight on study time? Exam4Docs condenses the Oracle Risk Management Cloud 2021 Implementation Essentials objectives into 77 focused practice questions, so the hours you have in 2026 actually count. Work through them at your own pace and walk into the 1Z0-1058-21 exam with a plan.

Oracle 1Z0-1058-21 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Risk Management Cloud 2021 Implementation Essentials
Exam Number:1Z0-1058-21
Related Certifications:Oracle Financials Cloud
Oracle Risk Management Cloud Implementation Specialist
Real Exam Qty:50-60
Exam Duration:90 minutes
Passing Score:68%
Exam Price:245 USD
Certificate Validity Period:18 months
Available Languages:English
Exam Format:Multiple Response, Multiple Choice
Recommended Training:Oracle University Risk Management Cloud Training
Exam Registration:Pearson VUE Oracle Exams
Oracle Certification Portal
Sample Questions: DOWNLOAD DEMO
Exam Way:Online proctored via Pearson VUE or Oracle testing platform
Pre Condition:Recommended knowledge of Oracle Cloud Financials and enterprise risk management concepts
Official Syllabus URL:https://www.oracle.com/training/certification/

Oracle 1Z0-1058-21 Exam Syllabus Topics:

SectionObjectives
Oracle Risk Management Cloud Overview- Risk Management Framework Concepts
  • 1. Governance, Risk, and Compliance (GRC) fundamentals
    • 2. Risk lifecycle and assessment concepts
      Advanced Controls- Control Design and Execution
      • 1. Advanced control definitions
        • 2. Control testing and monitoring
          - Transaction Controls
          • 1. Rule-based control configuration
            • 2. Preventive and detective controls
              Risk and Compliance Management- Compliance Monitoring
              • 1. Audit and reporting processes
                • 2. Compliance frameworks
                  - Risk Assessment
                  • 1. Risk identification and scoring
                    • 2. Control effectiveness evaluation
                      Configuration and Setup- Data Model Configuration
                      • 1. Configuration of risk models
                        • 2. Business objects and data sources
                          - System Configuration
                          • 1. Security roles and access configuration
                            • 2. Setup of Risk Management Cloud applications
                              Reporting and Analytics- Risk Reporting
                              • 1. Standard reporting tools
                                • 2. Dashboards and analytics
                                  Implementation and Testing- Deployment Lifecycle
                                  • 1. Implementation methodology
                                    • 2. Testing and validation strategies

                                      1Z0-1058-21 Exam FAQs: What Candidates Ask Most

                                      Yes. Exam4Docs provides a free PDF demo of the 1Z0-1058-21 practice questions, so you can check the format and quality before paying anything. Every purchase also includes 365 days of free updates, and once that period expires you can extend the update service at a 50% discount from your member zone.

                                      The 1Z0-1058-21 exam gives you 90 minutes to work through 50-60 questions, so the clock moves faster than most candidates expect. Keep a steady pace on every item, flag the ones that stall you, and circle back with the time you have banked instead of getting stuck. Time pressure is mostly a rehearsal problem: run at least one full timed mock in the Exam4Docs test engine before your appointment, and the real countdown will feel familiar rather than threatening.

                                      The 1Z0-1058-21 exam — officially titled Oracle Risk Management Cloud 2021 Implementation Essentials — is the Oracle test you pass to earn the Oracle Risk Management Cloud certification. It sits at the Professional level of the Oracle certification program. Related certifications include Oracle Financials Cloud, Oracle Risk Management Cloud Implementation Specialist. If that is the credential you are after, the 77 practice questions at Exam4Docs map directly to its official objectives.

                                      The Oracle Risk Management Cloud 2021 Implementation Essentials blueprint is organized into 6 domains. The first three are:

                                      • Advanced Controls
                                      • Reporting and Analytics
                                      • Oracle Risk Management Cloud Overview

                                      The complete, current topic list appears in the exam outline section above — review it before you start drilling the Exam4Docs practice questions.

                                      Recommended knowledge of Oracle Cloud Financials and enterprise risk management concepts

                                      Eligibility rules do change, so confirm the current requirements on the official exam page before you apply: https://www.oracle.com/training/certification/.

                                      If you take the corresponding 1Z0-1058-21 exam within 60 days of purchase and do not pass, you can apply for a full refund under our money-back guarantee. Send a scanned copy of your exam enrollment slip together with the official Score Report PDF within 2 days of your exam date, and your claim will be processed within 7 days. Keep in mind that the candidate name must match the purchaser name, and the guarantee does not cover attempts made within 3 days of purchase, materials that were downloaded but never used in an actual exam sitting, free resources, or expired orders. If you would rather keep studying, you can swap the refund for two free exam products of equal value while keeping the update service on your original purchase. Delivery itself is instant: the files are emailed to you within one minute of payment (if nothing arrives within 2 hours, check your spam folder and contact our support team), and there is no limit on how many computers you install them on.

                                      You can register for the 1Z0-1058-21 exam through any of these official channels:

                                      Depending on your location, you can take the 1Z0-1058-21 exam Online proctored via Pearson VUE or Oracle testing platform.

                                      The passing score for the 1Z0-1058-21 exam is 68%, and the official registration fee is 245 USD. Remember that an unsuccessful attempt means paying the full 245 USD again to retake it, so booking too early is the expensive way to find out you are not ready. Test yourself with the Exam4Docs practice questions first; once you can clear 68% comfortably on timed runs, scheduling the real exam becomes a much safer bet.

                                      Oracle points 1Z0-1058-21 candidates to the following official training options:

                                      Whichever course you pick, round it out with the 77 practice questions at Exam4Docs — courseware builds the theory, and timed practice turns it into exam-day speed.

                                      Oracle Risk Management Cloud 2021 Implementation Essentials Sample Questions:

                                      Question #1

                                      You have five business units in our company, BU1 through BU5. You want to build a transactionmodel to identify suppliers who have been paid more than $100,000 USD across all business units except BU5.
                                      Which two filters must be combined? (Choose two.)

                                      • A. Add a function filter grouping by "Supplier ID" where the sum of "Payment Amount" is greater than
                                        100,000.
                                      • B. Add a standard filter where the "Payment" object's "Organization ID" equals BU5, and advanced option
                                        "Exclude" is checked.
                                      • C. Add a standard filter where the "Payment" object's "Organization ID" equals BU1, BU2, BU3, BU4.
                                      • D. Add a function filter grouping by "Organization ID" where the sum of "Payment Amount" is greater than 100,000.
                                      • E. Add a standard filter where the "Payment" object's "Organization ID" is equal to itself.
                                      Reveal Solution  Discussion  0

                                      Correct Answer: C,D  🗳️

                                      Question #2

                                      You are helping your client identify and define their controls. You have determined that your client requires two perspectives: Business Units and Regulatory Standards.
                                      The controls are going to be secured by the business unit, and you want to ensure that when the client defines new controls, it is mandatory to assign a Business Units perspective to the control. You are going to set the
                                      "Required" field to "yes" for the Control-Business Units association.
                                      Where do you do this in the product?

                                      • A. The Manage Module Perspectives screen
                                      • B. The Import template
                                      • C. The Create Control screen
                                      • D. The Create Perspectives screen
                                      • E. The Manage Object Perspectives screen
                                      Reveal Solution  Discussion  0

                                      Correct Answer: D  🗳️

                                      Question #3

                                      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 numberof incidents associated with each control, and have added that object to a transaction model.
                                      Which pattern filter must you now apply?

                                      • A. Clustering
                                      • B. Mean
                                      • C. Absolute Deviation
                                      • D. Anomaly Detection
                                      • E. Pareto
                                      Reveal Solution  Discussion  0

                                      Correct Answer: E  🗳️

                                      Question #4

                                      Youhave created a risk definition R100 and have created a new control C100 for this risk. No user has been assigned the Risk or Control reviewer and approver roles. What will be the state of R100 and C100 after submitting?

                                      • A. Both R100 and C100 will be in the "New" state.
                                      • B. Both R100 and C100 will be in the "Approved" state.
                                      • C. Both R100 and C100 will be in the "In Review" state.
                                      • D. Both R100 and C100 will be in the "Awaiting Approval" state.
                                      Reveal Solution  Discussion  0

                                      Correct Answer: D  🗳️

                                      Question #5

                                      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 Control comment filed has a notation for "Audit Test."
                                      • B. The Control has a related process.
                                      • C. The Control status filed is set to "Audit Test."
                                      • D. The Assessment Flag and the Audit Testing Flag are both set to "Y."
                                      Reveal Solution  Discussion  0

                                      Correct Answer: B  🗳️

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