50 Oracle Risk Management Cloud 2025 Implementation Professional Practice Questions: Question Bank 2025

An implementation team is onboarding business users to Oracle Risk Management Cloud. Users ask where the application gets the transaction data it analyzes (for example, payables invoices and payments). Which statement best describes the architecture?

You need to configure a preventive control that blocks submission of an expense report when a required field is missing. Where is the most appropriate place to implement this control?

A compliance lead wants to document evidence for a quarterly control and keep a history of performance, owners, and test results in a centralized repository. Which Risk Management Cloud feature best fits this requirement?

A project team is setting up risk and control governance. They want a structured way to identify risks, link them to controls, and track residual risk after controls are evaluated. Which capability should they use?

A controller wants to implement a detective control to identify supplier bank account changes made by users who also create payments. What is the best configuration approach?

A Control Manager assessor reports that they cannot upload evidence to a control test, while other assessors can. The control and assessment are assigned correctly. What is the most likely root cause?

Your organization wants to standardize control definitions across multiple business units, but allow local variations in frequency and assigned owners. Which approach best supports this while maintaining governance consistency?

A risk manager wants to ensure that when a high inherent risk is identified, the system encourages mapping at least one mitigating control and capturing a rationale when no control exists. Which practice best achieves this outcome?

After configuring an advanced control, incidents are not being generated even though business users can see transactions that should match the criteria. The analysis job shows 'Succeeded'. What is the most likely configuration issue?

A global company wants one unified Access Certification campaign to review risky access across multiple identity sources: Fusion application roles plus enterprise directory groups used for SSO. They want reviewers to see a consolidated view of entitlements by user. Which design is most appropriate?

During project planning, stakeholders ask how Oracle Risk Management Cloud (RMC) accesses transactional data from Oracle Fusion ERP without replicating it into a separate database. Which statement best describes the architecture?

A risk analyst creates a new access model in Advanced Controls. The analysis returns no users, even though the analyst is certain conflicting roles exist. Which configuration issue is the MOST likely cause?

An implementation consultant needs to explain what a "control" represents in Control Manager. Which definition is MOST accurate?

A company wants a transaction control to flag invoices where the supplier bank account was changed within the last 7 days and the invoice amount exceeds a threshold. What is the BEST approach to implement this in Financial and Transaction Controls?

Control owners complain they are receiving too many issues from a continuous monitoring control, and most are low risk. You want to reduce noise without losing visibility. Which configuration change is MOST appropriate?

Your organization is implementing Risk Assessment. They want to prioritize risks by combining likelihood and impact, then link high-rated risks to key controls and automatically highlight gaps where no controls exist. Which setup best supports this requirement?

A company needs to ensure that only relevant transactions from a specific ledger and business unit are evaluated by a transaction control, because the organization has multiple ledgers and shared services. What is the BEST way to scope the control?

An auditor asks for proof that a specific key control was tested as designed and that supporting evidence is retained and reviewable. Which combination of features best addresses this in Control Manager?

You configured a transaction control to create issues automatically. After a scheduled run, the control shows matches, but no issues are created. Which is the MOST likely cause?

A multinational company must separate compliance reporting by geography. They want to reuse a global control library but allow regions to maintain local variations in test procedures and ownership without duplicating everything. What is the BEST design approach?

Your organization wants to ensure Oracle Risk Management Cloud evaluates segregation of duties (SoD) for transactions initiated in Payables and Purchasing. Which statement best describes how Risk Management Cloud accesses the transactional data for continuous monitoring?

You are implementing access controls for a shared services team. The business wants a control that flags users who can both create suppliers and process supplier payments. Which configuration best supports this requirement?

A control owner wants to be notified when a continuous control detects a violation so they can review it immediately. Where should you configure this notification behavior?

During implementation, you discover that a planned transaction control is generating too many false positives because it triggers when the invoice creator and approver are the same person, even for low-value invoices that are allowed by policy. What is the best way to reduce noise while preserving the control intent?

A customer wants to implement Control Manager to support quarterly evidence collection and sign-offs for key controls. They also want traceability showing who provided evidence, who reviewed it, and when approvals occurred. Which setup most directly supports this requirement?

You are defining a risk assessment approach where multiple business units share a common risk taxonomy, but each BU needs to score impact and likelihood differently. Which configuration best meets this requirement?

A continuous control is configured correctly, but incidents are not being generated even though testers can find qualifying transactions in Fusion. The data sync job completed successfully. Which is the most likely cause?

Your company has strict requirements that only specific groups can see incidents and issues for their business unit, while corporate compliance needs read-only visibility across all units. What is the best design approach to meet this requirement in Risk Management Cloud?

A customer wants to implement an SoD policy that evaluates conflicts at runtime using the user's effective privileges, including those inherited through role hierarchies. During testing, the policy misses conflicts that exist through inherited roles. What is the most likely configuration gap?

You need to integrate Risk Management Cloud with an external ticketing system so that issues created from control incidents automatically generate a corresponding ticket and keep status aligned. Which integration approach is most appropriate?

A new implementation team is defining how Oracle Risk Management Cloud will access data from Oracle Fusion applications. Which statement best describes the recommended architecture for how Risk Management obtains the transactional and setup data it analyzes?

You need to create a preventive control that blocks a Payables invoice from being validated when the invoice amount exceeds a threshold unless a specific approval is present. Which control type is most appropriate?

A control owner wants to attest quarterly that bank account changes were reviewed and approved according to policy. No automated enforcement exists, but evidence must be collected and tested. Which approach best fits this requirement in Risk Management Cloud?

A compliance manager wants risks to be evaluated consistently across business units using the same impact and likelihood definitions. What is the best practice to support consistent risk scoring in Risk Management Cloud?

A company deployed a Transaction Control to prevent creation of suppliers with missing tax registration numbers. The control appears enabled, but users can still create suppliers without the tax number. Which is the most likely configuration issue to check first?

You want to monitor a detective control that flags duplicate supplier bank accounts across different suppliers. Business owners only want to see new violations since the last review and track remediation status. Which configuration most directly supports this requirement?

A risk assessor needs to map a single risk ("Unauthorized payments") to multiple controls, including an automated preventive control and a manual detective control. What is the primary benefit of this mapping in Risk Management Cloud?

During implementation, you must decide how to assign ownership for automated controls versus issue remediation tasks. Which approach aligns best with separation of responsibilities and effective governance?

A multinational company wants Risk Management to analyze transactions across multiple ledgers and business units, but control results must be restricted so users only see results for their assigned organizations. Which design best satisfies this requirement?

After enabling an Advanced Financial Control, you notice a high volume of false positives due to legitimate exceptions (for example, approved one-time vendors). The business wants to reduce noise without weakening the control objective. What is the best approach?

An implementation team is explaining Oracle Risk Management Cloud to business stakeholders. They want a concise description of what the service primarily does in an Oracle Fusion environment. Which statement is MOST accurate?

A control owner wants a preventive control to stop invoices from being paid when the supplier is on hold for compliance reasons. Which control approach best fits this requirement in Risk Management Cloud?

During issue remediation, the auditor requests evidence that a control exception was reviewed and approved. Where should implementers guide control owners to attach supporting documentation for the audit trail?

A customer wants to monitor for duplicate supplier bank accounts across different suppliers to reduce payment fraud. They also want to ignore cases where the bank account is intentionally shared by subsidiaries and is documented. What is the BEST design approach?

After migrating configurations from a test pod to production, a set of controls runs but returns zero results even though users know violations exist. No errors appear in the run logs. What is the MOST likely configuration issue?

A compliance lead wants to ensure that every control in Control Manager has an assigned owner, frequency, and evidence requirement before it can be marked active. Which implementation practice best supports this goal?

A risk officer is building an enterprise risk register and wants to relate risks to the controls that mitigate them, then report coverage gaps where risks have no mapped controls. Which feature set should be used?

A control is producing too many issues due to low-risk edge cases. The business wants to reduce noise without weakening the core control objective. What is the BEST next step?

A multinational company has multiple business units and ledgers. They want a single Payables control to run enterprise-wide, but results must be segmented so each BU’s control owner sees only their BU’s issues. What is the MOST appropriate design?

A customer wants to implement advanced analytics to flag potentially fraudulent expense reports using patterns beyond simple rule thresholds (for example, unusual combinations of merchant category, time, and employee behavior). They want these results surfaced as issues within Risk Management Cloud. Which approach is MOST appropriate?