How do you populate the Control Method field with a new custom value, such as a third-party application'?
A. Enter the new value directly in the Control method field.
B. Use Lookup Meaning of the new lookup value.
C. Use Lookup Code of the new lookup value.
D. Use Lookup Type of the new lookup value.
Which filter can be used to identify expense reports that contain suspicious expense type combinations, such as, a report for a single trip that contains taxi, car rental, and mileage expenses?
A. Inclusive function filter grouped by the "Expense Report Information" object's "Report Number" where the "Expense Type" has an "Equals" condition for values that include taxi, car, mileage.
B. Inclusive function filter grouped by the "Expense Report Information" object's "Report Number" where the "Expense Type" has an "In" condition for values that include taxi, car, mileage.
C. Inclusive function filter grouped by the "Expense Report Information" object's "Person" where the "Expense Type" has an "In" condition for values that include taxi, car, mileage.
D. Inclusive function filter grouped by the "Expense Report Information" object's "Report Number" where the "Expense Type" has an "In" condition for values that include taxi, car, mileage.
E. Inclusive function filter grouped by the "Expense Report Information" object's "Person" where the "Expense Type" has an "In" condition for values that include taxi, car, mileage.
Which two steps are required to set up two levels of approval for new controls, which are added after the initial import? (Choose two.)
A. On the Controls tab of the Import template, set the control state to NEW for each control record.
B. Identify the organizations or business units for which users will perform review or approval.
C. Identify users who will perform control review and approval.
D. Identify the other roles to be provided for control managers.
You are advising your client on design and configuration related to how access incident results will be viewed and managed. The client has provided a list of business requirements: Incident results can be viewed by Department Groups of investigators receive assigned incidents based on Department Must ensure systematically that no incident is unassigned to an investigator
Which three must be configured to support these requirements? (Choose three.)
A. Worklist assignment Result Investigator should be set to specific users.
B. Custom perspective for Department linked to the Results object with Required set to "No"
C. Custom perspective for Department linked to the Results object with Required set to "Yes"
D. Investigators are assigned job roles with custom Department perspective data roles attached. Other incident users receive job roles which only allow viewing of incidents.
E. Investigators are assigned job roles with custom Department perspective data roles attached for managing incidents. Other incident users are assigned job roles with custom Department perspective data roles attached for viewing only.
F. Worklist assignment Result Investigator should be set to "All Eligible Users"
Select three fields that are required to create an impromptu assessment. (Choose three.)
A. Due Date
B. Template
C. Name
D. Reviewer
E. Perspectives
F. Activity
During an assessment, an issue was created. Your job as the Issue Manager is to review the issues and
validate them. If it is determined that they are not valid issues, you need to close them. You have found an
issue that is not valid and with Status: Open and State: Reported.
Identify the correct step to close this issue.
A. On the Manage Issues page, highlight the issue and click the Close button.
B. The assessment associated to the issue must be completed before closing the issue. Only then can you close the issue.
C. After you have completed the remediation plan, click the Close button on the Remediation Plan page.
D. Ensure that the issue status is In Edit, and then from the Actions menu, select Close Issue.
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.
You are building a transaction model to identify invoices with USD amounts that are greater than the supplier's average invoice amount. The order of the filters is important.
1.
Add an "Average" Function filter grouping by "Supplier ID" where "Invoice Amount" is greater than 0.
2.
Add a standard filter where "Invoice Currency" equals "USD."
3.
Add a standard filter where the delivered "Average Value" attribute is less than "Invoice Amount."
What is the correct order of the filters for this transaction model?
A. 1, 3, 2
B. 1, 2, 3
C. 2, 3, 1
D. 3, 2, 1
E. 2, 1, 3
Which two activities can be performed using Financial Reporting Compliance? (Choose two.)
A. Review and approve the accuracy and completeness of control descriptions.
B. Gain real-time access to live financial data and proactively resolve issues.
C. Continuously monitor financial transactions and role-based remediation of transaction incidents.
D. Review control assessment results, along with any effectiveness issues found.
E. Provide self-service access to reporting and analysis against financial transactions.
F. Conduct intuitive audits of general ledger balances with journal details.
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 Result Management Perspective Assignment has not been linked.
B. The underlying model is not linked to Order to Cash.
C. The business owner was recently assigned the role and the worklist needs to be refreshed.
D. Worklist assignment does not include the business owner.
E. The Control Perspectives are not linked to the control.
