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Oracle Financial Crime and Compliance Management 6 Functional Implementation Essentials Sample Questions:

1. Which set of steps must be completed to create a new threshold set? (Choose the best answer.)

A) 1. Create the Threshold Set by using the Scenario Manager. A corresponding Job ID and Job template ID will be created.
2. Run the Scenario
B) 1. Create the Threshold Set by using the Admin Tools Threshold Editor. A corresponding Job ID will be created.
2. Assign the Job ID to an existing Job Template ID and run the Scenario.
C) 1. Create the Threshold Set by using the Scenario Manager. A corresponding Job ID will be created.
2. Assign the Job ID to an existing Job Template ID and run the Scenario.
D) 1. Create the Threshold Set by using the Admin Tools Threshold Editor. A corresponding Job ID and Job template ID will be created.
2. Run the Scenario Job.


2. Identify the two options that are not provided by the Alert Details Tab. (Choose two.)

A) reference data as of the last data ingestion cycle
B) score (link)
C) alert action history
D) threshold (link)


3. Alert Information is transferred to Case Management when the alert is promoted to a case. In which mode does the alert data transfer process occur? (Choose the best answer.)

A) Full Refresh and Synchronous
B) Synchronous and Asynchronous
C) Delta and Full Refresh
D) Delta and Asynchronous


4. Identify the option that is not a Data Ingestion process. (Choose the best answer.)

A) Data Aggregation
B) Data Loading
C) Data Validation
D) Data Consolidation


5. Which are three data streams of interest for the scenario High Risk Transactions: High Risk Counter Party? (Choose three.)

A) Front Office Transaction
B) Back Office Transaction
C) Watch list
D) Correspondent Bank


Solutions:

Question # 1
Answer: D
Question # 2
Answer: A,B
Question # 3
Answer: B
Question # 4
Answer: D
Question # 5
Answer: A,B,C

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