Question 1

You are building a transaction model to identify invoices with USD amounts that are greater than thesupplier’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?

Options :

A : 1, 3, 2

B : 1, 2, 3

C : 2, 3, 1

D : 3, 2, 1

E : 2, 1, 3

Answer: B

Question 2

You are implementing Advanced Access Controls and there is a requirement for a control to monitor user access to specific, client-defined access points which give users the ability to both initiate a purchase order and approve payments on that purchase order.Which is a valid option to implement the control?

Options :

A : From the “Access Entitlements” page create two entitlements containing the respective client-defined access points. Create an access model from the “Models” tab of Advanced Controls, based on the entitlements you created

B : Select Actions > Create Access Control from the “Controls” tab of Advanced Controls.

C : Create an access model from the “Models” tab of Advanced Controls, and then define an access point filter for each individual client-defined access point.

D : From the “Access Entitlements” page create two entitlements containing the respective client-defined access points. Create an access model from the “Models” tab of Advanced Controls, based on the entitlements you created. Finally, deploy an access control in the “Controls” tab of Advanced Controls, and select the access model you created.

E : Create an access entitlement from the “Access Entitlements” page, then select Actions > Create Access Control from the “Controls” tab of Advanced Controls, and select the entitlement you created

Answer: D

Question 3

You completed the data migration successfully. You created 100 controls, an Organization Perspective, andrelationship of controls to the Organization Perspective. All controls are related to one perspective item. TheControl Manager logs in to the application to view the new controls, yet there are none available for his or herreview.Identify three reasons for this. (Choose three.)

Options :

A : The Control Manager was not given the correct data security policy to access the controls.

B : The Perspective Hierarchy was not associated to the Control Object.

C : There was no Control Type associated with the controls.

D : The Perspective Hierarchy is not in the Approved state.

E : No risks were mapped to the imported controls.

Answer: A,C

Question 4

How do you add values to a Risk Type list of values?

Options :

A : Populate the Import template with the new values in the Issue Severity column on the Controls tab.

B : Add the lookup codes to the GRC_RISK_TYPE Lookup Type.

C : Because you cannot add new values, update one of the existing lookup codes to what the client wants it to be.

D : Add the lookup codes to the GRCM_RISK_TYPE Lookup Type.

E : Use the default lookup codes because there is no way to update the existing ones.

Answer: D

Question 5

You are implementing Advanced Financial Controls and you want to identify suspect transactions where thepayment amount is less than $20 USD. However, you only want the results returned to be temporary.What will you build in order to accomplish your objective?

Options :

A : Template

B : Control

C : Model

D : Filter

E : Business object

Answer: C