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1. 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 Control Object Configuration > Result = Show
C) Configure Module Objects > Edit Risk Object Configuration > Treatment = Show
D) Configure Module Objects > Edit Risk Object Configuration > Result = Show
E) Configure Module Objects > Edit Risk Object Configuration > Treatment = Hide and Default
2. You have completed the data import process with no errors. You created process, risks, controls, and one perspective. Controls were related to perspectives. You have provided the customer with the Control Manager security role. When the customer logs in to Financials Risk Compliance (FRC), the customer cannot see any controls.
Which step was missed during the import process?
A) The parent process was never approved.
B) The Control Method was not set to a valid value.
C) Data security policies for Controls were not created.
D) The Controls were not related to any risk objects.
3. The GRC Business owner responsible for reviewing and investigating access incidents related to the "Order to Cash" perspective does not see any worklists for the generated results. You have validated that:
1. Other business owners are able to view their assigned worklists without any problem
2. Incidents have been generated for the controls related to Order to Cash
3. The business owner's assigned roles contain the correct functional privileges and data access to the correct perspective values What is the reason the business owner cannot see any worklists for the generated incidents?
A) The underlying model is not linked to Order to Cash.
B) The Control Perspectives are not linked to the control.
C) Worklist assignment does not include the business owner.
D) The business owner was recently assigned the role and the worklist needs to be refreshed.
E) The Result Management Perspective Assignment has not been linked.
4. During implementation, you created a Financial Reporting Compliance superuser and assigned this user the following roles:
* Enterprise Risk and Control Manager
* IT Security Manager
* Employee
The superuser logs in to Financial Reporting Compliance but is not able to create new Data Security Policies.
What is wrong?
A) The superuser's account is inactive and his or her account needs to be activated.
B) The superuser's account is not yet approved by his or her supervisor in Financial Reporting Compliance.
C) The application will not allow a user to both create users and assign them roles.
D) The superuser's account is created but the synchronization jobs have not been run.
5. Which part of the security structure cannot be created or viewed from the Security Console, when configuring security for Financial Reporting Compliance?
A) Composite Duty Role
B) Job Role Perspective Policy
C) Functional Security Policy
D) Data Security Policy
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: B |
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