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[General] CIS-TPRM Valid Braindumps Free - Certified CIS-TPRM Questions

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【General】 CIS-TPRM Valid Braindumps Free - Certified CIS-TPRM Questions

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ServiceNow Certified Implementation Specialist - Third-party Risk Management Sample Questions (Q46-Q51):NEW QUESTION # 46
In TPRM, what is the significance of the "due diligence" phase?
Response:
  • A. It is a legal requirement for all third-party contracts.
  • B. It is the process of collecting detailed information about a third-party before forming a business relationship.
  • C. It involves the continuous monitoring of the third-party,s performance.
  • D. It is primarily focused on negotiating service level agreements.
Answer: B

NEW QUESTION # 47
What critical factor should be considered when assigning tiers in Third-party Tiering Configuration?
Response:
  • A. The strategic importance to the business
  • B. The location of the third party
  • C. The duration of the contract
  • D. The financial stability of the third party
Answer: B

NEW QUESTION # 48
Third-party Risk Task Configuration involves:
Response:
  • A. Assigning all risk-related tasks to third-party vendors
  • B. Specifying actions to be taken for risk assessment, monitoring, and mitigation
  • C. Defining tasks that are unrelated to third-party risk management
  • D. Setting up tasks for daily operational activities only
Answer: D

NEW QUESTION # 49
Which feature in ServiceNow GRC helps in identifying the highest risk areas and prioritizing compliance activities?
Response:
  • A. The Email Campaign function
  • B. The Heat Map visualization
  • C. The Social Media Integration module
  • D. The Document Storage System
Answer: D

NEW QUESTION # 50
The integration between ServiceNow GRC and Third-Party Risk Management modules facilitates what aspect of risk management?
Response:
  • A. It ensures that all users get a daily motivational quote
  • B. It limits the amount of data that can be analyzed
  • C. It focuses solely on the aesthetic presentation of risk data
  • D. It enables a holistic view of organizational and third-party risks
Answer: D

NEW QUESTION # 51
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