You have imported risks in Financial Reporting Compliance using data migration. Your client is asking if you can add controls for these risks.

Which two statements are true? (Choose two.)

A. To relate controls to risks, the risks must be in "approved" state.

B. You cannot use the Data Migration tool to add control records to map to existing risks.

C. You can use the Data Migration tool to add control records for the existing risks.

D. To relate controls, risks must be assigned to the same perspective that is assigned to the control you want to map it to.

E. You can manually add control definitions and relate them to the risks in Financial Reporting Compliance.

Your client has configured separate roles for control assessor and control assessment reviewer. The control assessor has submitted his or her assessment. The control assessor realizes later that he or she has forgotten to attach a critical test evidence document to the assessment and needs to attach it now. How can this be accomplished?

A. The assessor can request the reviewer to attach the document during the review.

B. On the Assessment tab in the Control definition, the assessor can select the assessment and click the Complete Assessment button. He or she can attach the document and resubmit the assessment.

C. The assessor can request the reviewer to reject the assessment. After the assessment is rejected, the assessor can then attach the document and resubmit the assessment.

D. On the Manage Assessments page, the assessor can select the assessment and click the Reopen button. He or she can then attach the document and resubmit the assessment.

You build an access model with two entitlements. Each entitlement has four access points. The entitlements do not have any access points in common. How many access point combinations will be analyzed?

A. 20

B. 16

C. 8

D. 4

E. 25

You are gathering requirements on how your client performs control assessments. Which three tasks should you complete to set up assessments in Financial Reporting Compliance? (Choose three.)

A. Identify the type of assessments included in each assessment cycle.

B. Understand the sample size for each audit test.

C. Determine if control assessments are planned ahead of time or are run impromptu.

D. Determine the main objectives of deploying the control.

E. Determine whether assessments templates, plans, and completed assessments need to go through a review and approve workflow.

Which statement related to Advanced Access Controls is true?

A. If helps enforce segregation of duties.

B. If helps perform risk analysis and evaluation.

C. It analyzes transaction records.

D. It documents risks and controls.

You have two segregation of duties requirements:

1) a user can access either the supplier creation pages or the invoice pages, but not both.

2) a user can access either the invoice creation pages or the payment creation pages, but not both.

How must these requirements be met in Advanced Access Controls?

A. Construct one model with three condition filters where the Function Name Equals "Create Supplier", "Create Invoice" and "Create Payment"

B. Construct two models, and create controls based on the models: "Create Supplier and Create Invoice", "Create Invoice and Create Payment"

C. Construct three controls, and create controls based on the models: "Create Supplier and Create Invoice", "Create Invoice and Create Payment", "Create Supplier and Create Payment"

D. Construct one model: "Create Supplier and Create Invoice and Create Payment"

E. Construct one entitlement: "Create Supplier and Create Invoice and Create Payment"

How do you identify Financial Reporting Compliance Cloud's key stakeholders?

A. Identify users who need to create and submit expense reports easily.

B. Identify users who will create customer invoices, and receive and apply customer payments.

C. Identify executives who need to certify internal controls for SOX or similar mandates.

D. Identify executives who will manage customer balances and recognize revenue.

Your client is configuring their Test pod (which has no data) and has created their initial import template

with controls, test plans, perspectives, and perspective-control mappings. They have used custom list of

values for Control Frequency.

Which three tasks must be completed before performing the data import? (Choose three.)

A. Validate that all nods on the Perspective Item tab are covered on the Perspective Hierarchy tab.

B. Validate that the control-perspective relationship has been created in Manage Module Perspectives.

C. Validate that new lookup values are created for any custom list of values.

D. Validate that there are no duplicate worksheet IDs within the same worksheet.

E. Validate that the System ID column is populated correctly.

Which three statements are true about the purpose of perspectives? (Choose three.)

A. Perspectives can be used to define user privileges.

B. Perspectives can be used for categorizing Financial Reporting Compliance objects.

C. Perspectives can be used to represent regional hierarchies.

D. Perspectives are used to enable data security on Financial Reporting Compliance objects.

E. Perspectives enable functional security in Financial Reporting Compliance.

Which three objects can be related to issues when creating an issue on the Manage Issues page? (Choose three.)

A. Test Plans

B. Assessments

C. Processes

D. Perspectives

E. Risks

F. Controls