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ServiceNow CIS-TPRM Exam Syllabus Topics:

ServiceNow Certified Implementation Specialist - Third-party Risk Management Sample Questions:

Question 1

Why is it important to update Third-party Portfolio Configuration regularly?
Response:

A. To reduce the number of third parties involved
B. To reflect changes in the organizational hierarchy
C. To account for shifts in third-party risk profiles
D. To meet compliance requirements

Question 2

Third-party Security Scoring Configuration/Risk Intelligence aims to:
Response:

A. Provide a numerical rating reflecting the security posture of third parties
B. Ensure compliance with international security standards
C. Offer a qualitative assessment of third-party marketing strategies
D. Assign random security scores for annual review purposes

Question 3

How can workflow automation impact the approval process in third-party risk management?
Response:

A. It complicates the approval process by adding unnecessary steps
B. It ensures consistency and reduces the time needed for approvals
C. It increases the risk of unauthorized approvals
D. It eliminates the need for manual approval entirely

Question 4

What is the primary function of dashboards in the context of Third-party Risk Management?
Response:

A. To communicate directly with third-party vendors.
B. To execute automated risk assessments.
C. To provide a high-level overview of third-party risks and their statuses.
D. To manage the financial transactions of third parties.

Question 5

What is the primary objective of implementing technical controls during the Third-party Risk Management process?
Response:

A. To improve the third party,s operational efficiency
B. To reduce the costs associated with third-party services
C. To enhance the third party,s customer satisfaction levels
D. To ensure that the third party meets the organization,s security and compliance requirements

Solutions: