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[General] New CIS-TPRM Test Objectives | Sample CIS-TPRM Exam

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【General】 New CIS-TPRM Test Objectives | Sample CIS-TPRM Exam

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ServiceNow Certified Implementation Specialist - Third-party Risk Management Sample Questions (Q82-Q87):NEW QUESTION # 82
How does the use of standardized technical assessment frameworks benefit the Third-party Risk Management process?
Response:
  • A. It ensures consistency and comparability in evaluating third-party risks
  • B. It allows for more flexible contract terms with third parties
  • C. It reduces the need for continuous monitoring of third parties
  • D. It simplifies the negotiation process with third parties
Answer: C

NEW QUESTION # 83
In ServiceNow GRC, what is the function of "Indicators" in the context of monitoring control compliance for third-party risks?
Response:
  • A. They serve as reminders for upcoming meetings
  • B. They provide metrics that measure the effectiveness of control activities related to third-party risks
  • C. They track financial transactions only
  • D. They are used to send automated emails to third-party vendors
Answer: D

NEW QUESTION # 84
In Third-party Risk Issue Configuration, what is crucial for effectively tracking and resolving issues?
Response:
  • A. Using only automated systems for issue detection
  • B. Limiting issue reporting to senior management only
  • C. Developing a clear categorization and prioritization system for issues
  • D. Assigning a unique color code to each issue type
Answer: D

NEW QUESTION # 85
A successful Third-party Assessment Portal Configuration must:
Response:
  • A. Prioritize aesthetic elements over functionality
  • B. Enable seamless navigation and user-friendly interfaces for efficient assessment submission
  • C. Be available exclusively during business hours to manage traffic
  • D. Restrict users from uploading documents to ensure security
Answer: B

NEW QUESTION # 86
Effective management of the Third-party Risk Assessment Lifecycle requires:
(Choose two)
Response:
  • A. Isolation of the risk assessment team from other business units to prevent bias.
  • B. Engagement with third parties for feedback on the assessment process.
  • C. Dependence on third-party self-assessment without verification.
  • D. Regular updates to risk assessment criteria based on changing risk landscapes.
Answer: A,C

NEW QUESTION # 87
......
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