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CIS-TPRM Test Questions Answers & Reliable CIS-TPRM Exam Online

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ServiceNow Certified Implementation Specialist - Third-party Risk Management Sample Questions (Q79-Q84):

NEW QUESTION # 79
How do technical assessments contribute to the overall Third-party Risk Management strategy?
Response:

A. By providing detailed financial analysis of third-party vendors
B. By identifying potential technological risks that could impact the organization
C. By enhancing the third party's branding and market presence
D. By determining the third party,s customer service capabilities

Answer: A

NEW QUESTION # 80
Which component is crucial for Third-party Risk Assessment Generation to adapt over time?
Response:

A. A static approach that remains consistent for simplicity.
B. Periodic manual reviews without automated processes.
C. Incorporation of feedback mechanisms for continuous improvement.
D. Exclusive use of third-party self-reported data without verification.

Answer: C

NEW QUESTION # 81
In the context of Contact Configuration within a third-party portal, which factor is crucial for maintaining effective communication?
Response:

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

Answer: C

NEW QUESTION # 82
What is a key consideration when setting up Contact Configuration?
Response:

A. Ensuring all contacts are from the same geographic location
B. Establishing clear communication protocols and escalation paths
C. Focusing solely on internal contacts within the organization
D. Creating an extensive list of contacts for each third party

Answer: C

NEW QUESTION # 83
What should be the primary focus when implementing changes to the workflow process in third-party risk management?
Response:

A. Ensuring that all changes are documented and communicated to relevant parties
B. Reducing the number of stakeholders involved to speed up the process
C. Prioritizing cost reduction over process effectiveness
D. Allowing each department to independently manage its own changes

Answer: A

NEW QUESTION # 84
......

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