ServiceNow - CIS-TPRM–Newest Latest Exam Papers
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ServiceNow Certified Implementation Specialist - Third-party Risk Management Sample Questions (Q94-Q99):
NEW QUESTION # 94
What is the primary objective of Third-Party Risk Management?
Response:
- A. To improve third-party service delivery times
- B. To minimize the cost of third-party services
- C. To increase third-party dependencies
- D. To identify, assess, and mitigate risks associated with third parties
Answer: D
NEW QUESTION # 95
What is the primary role of Third-party Security Scoring in risk management?
Response:
- A. Evaluating the financial impact of third parties
- B. Quantifying the cybersecurity risk posed by third parties
- C. Estimating the potential for business growth with third parties
- D. Assigning arbitrary risk levels
Answer: B
NEW QUESTION # 96
In the context of ServiceNow GRC, what does the Unified Compliance Framework (UCF) primarily offer?
Response:
- A. A mapping of controls across different compliance frameworks
- B. Integration with external email services
- C. A set of decorative themes for the user interface
- D. A centralized repository of compliance documents and templates
Answer: A
NEW QUESTION # 97
What does Core Configuration typically involve in Third-Party Risk Management systems?
Response:
- A. All of the above
- B. Defining risk assessment methodologies
- C. Customizing report templates
- D. Setting user permissions and roles
Answer: B
NEW QUESTION # 98
Which of the following best practices should be followed when setting up risk thresholds in third-party risk assessment configuration?
Response:
- A. Using a universal threshold for all types of third parties
- B. Setting risk thresholds based on the most conservative estimates available
- C. Customizing risk thresholds to align with the organization,s specific risk tolerance and industry standards
- D. Avoiding any changes to risk thresholds after the initial setup
Answer: A
NEW QUESTION # 99
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