ServiceNow Certified Implementation Specialist - Third-party Risk Management : CIS-TPRM

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ServiceNow CIS-TPRM Exam Syllabus Topics:

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

1. What critical factor should be considered when assigning tiers in Third-party Tiering Configuration?
Response:

A) The duration of the contract
B) The location of the third party
C) The strategic importance to the business
D) The financial stability of the third party

2. In the context of Contact Configuration within a third-party portal, which factor is crucial for maintaining effective communication?
Response:

A) Assigning a single contact for each third-party relationship
B) Limiting the number of contacts to avoid confusion
C) Defining clear roles and responsibilities for each contact within the portal
D) Ensuring that contacts are from the same geographic location

3. In Third-party Contacts Configuration, what is the primary goal?
Response:

A) To track the geographical location of third-party contacts
B) To determine the hierarchy of third-party organizations
C) To configure automated email responses
D) To establish points of contact for risk management communication

4. To effectively manage and resolve issues, it''s essential to have a robust __________ system in place.
Response:

A) Third-party Risk Issue Configuration
B) Workflow Approval Process
C) Task Management
D) Vendor Onboarding Process

5. What role does automation play in the generation of third-party risk assessments?
Response:

A) It limits the assessment process to high-risk third parties only
B) It reduces the accuracy of assessments by relying on automated processes
C) It simplifies the assessment process by removing the need for human intervention
D) It ensures that assessments are conducted consistently and triggered by predefined criteria

Solutions: