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Exam Code: 1Z0-1055-23
Exam Name: Oracle Financials Cloud: Payables 2023 Implementation Professional
Vendor: Oracle

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NEW QUESTION: 1
What is an accurate statement about a virtual machine (VM) snapshot?
A. Provides the capability to restore VM data to any point-in-time
B. Provides the capability to delete the parent VM once the snapshot is created
C. Runs as an independent copy from the parent VM
D. Captures the state and data of a running VM at a specific point-in-time
Answer: D

NEW QUESTION: 2
Which of the following is a relevant component of the cloud ecosystem?
A. Security procedures
B. Hypervisors
C. Image factory
D. Trained IT staff
Answer: C

NEW QUESTION: 3
Of the multiple methods of handling risks which we must undertake to carry out business operations, which one involves using controls to reduce the risk?
A. Avoidance
B. Transference
C. Acceptance
D. Mitigation
Answer: D
Explanation:
Risk mitigation is the practice of the elimination of, or the significant decrease in the level of risk presented. Mitigating risk means you work around the risk with measures to reduce the risk. A good example could be a locked down web server or firewall. You benefit from the service they provide but mitigate risks involved by technical measures.
Another example of risk mitigation can be seen in everyday life and are readily apparent in the information technology world. For example, to lessen the risk of exposing personal and financial information that is highly sensitive and confidential organizations put countermeasures in place, such as firewalls, intrusion detection/prevention systems, and other mechanisms, to deter malicious outsiders from accessing this highly sensitive information.
Understand that conducting business in a computing world means assumption of risk. You have to make a management decision on whether to avoid, mitigate, transfer or simply accept it as a risk of doing business.
The following answers are incorrect:
Avoid: Risk with avoidance is when we eliminate the risk by avoiding it altogether. No surprise there but this answer is distinct from the others because you simply don't undertake the risky process. It is incorrect here because you're not reducing the risk with controls as with mitigation.
Acceptance: This means that the risk is identified and understand and evaluated to be acceptable in order to conduct business operations. It is incorrect because you are accepting that the risk is present and conducting business anyhow but don't mitigate risk with controls like in the question here.
Transference: When we transfer risk, we pay someone else to undertake the risk on our behalf so that we may conduct operations and benefit from the risk but don't undertake the risky operation ourselves. This is not the same as mitigation so it is incorrect.
The following reference(s) was used to create this question:
Gregg, Michael; Haines, Billy (2012-02-16). CASP: CompTIA Advanced Security
Practitioner Study Guide Authorized Courseware: Exam CAS-001 (p. 217-218). Wiley.
Kindle Edition.
and
Hernandez CISSP, Steven (2012-12-21). Official (ISC)2 Guide to the CISSP CBK, Third
Edition ((ISC)2 Press) (Kindle Locations 10183-10195). Auerbach Publications. Kindle
Edition.


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