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CIS-TPRM New Exam Bootcamp | 100% Free High Hit-Rate Mock Certified Implementation Specialist - Third-party Risk Management ExamsIt is not hard to know that Certified Implementation Specialist - Third-party Risk Management torrent prep is compiled by hundreds of industry experts based on the syllabus and development trends of industries that contain all the key points that may be involved in the examination. Therefore, with CIS-TPRM exam questions, you no longer need to purchase any other review materials, and you also don¡¯t need to spend a lot of money on tutoring classes. At the same time, CIS-TPRM Test Guide will provide you with very flexible learning time in order to help you pass the exam. ServiceNow Certified Implementation Specialist - Third-party Risk Management Sample Questions (Q70-Q75):NEW QUESTION # 70
Which method is recommended for managing third-party contacts to ensure streamlined communication?
Response:
A. Rotating contact roles periodically
B. Using a centralized contact management system
C. Assigning roles based on geographic proximity
D. Allowing third parties to self-manage contacts
Answer: B
NEW QUESTION # 71
What is an essential component to include when configuring a third-party risk assessment in ServiceNow?
Response:
A. A flexible framework that allows for different assessment criteria based on the type of third-party engagement
B. A fixed set of questions for all assessments, regardless of the third party,s role
C. An assessment tool that is only accessible to senior management
D. Static risk thresholds applicable to all third parties
Answer: A
NEW QUESTION # 72
What is the most significant benefit of categorizing third parties based on the services they provide during the Third-party Portfolio Configuration process?
Response:
A. Standardization of service levels
B. Simplification of contract negotiations
C. Efficient allocation of risk management resources
D. Improvement in financial forecasting
Answer: C
NEW QUESTION # 73
What is a key consideration when developing a Third-party Tiering Configuration strategy?
Response:
A. Relying on third-party self-assessments only
B. The ability to downgrade vendors automatically based on performance
C. Incorporating both qualitative and quantitative risk indicators
D. Prioritizing short-term contracts
Answer: C
NEW QUESTION # 74
Effective Approval and Workflow Process Changes should result in:
Response:
A. Increased manual intervention in workflows
B. More streamlined and efficient risk management processes
C. Longer processing times for risk management activities
D. Decreased communication between departments
Answer: B
NEW QUESTION # 75
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