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CIS-TPRM Test Result & CIS-TPRM Free Download

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ServiceNow Certified Implementation Specialist - Third-party Risk Management Sample Questions (Q130-Q135):

NEW QUESTION # 130
What is the benefit of engaging with third parties for feedback on the risk assessment process?
Response:

A. It reduces the time required to complete assessments
B. It enhances the assessment process by incorporating insights from third parties, leading to more effective risk management
C. It simplifies the assessment process by limiting the scope of questions
D. It allows third parties to take control of the assessment process

Answer: B

NEW QUESTION # 131
Why is it important to conduct due diligence requests before engaging with a new third party?
Response:

A. To reduce the administrative burden of ongoing risk assessments
B. To negotiate lower service fees
C. To establish a close personal relationship with the third-party staff
D. To collect detailed information that helps in identifying potential risks before formal engagement

Answer: A

NEW QUESTION # 132
What actions can occur in the Third-party Portal?
Response:

A. Manage Third-party Contacts
B. Respond to a Third-party Risk Assessment
C. View Project Gannt Charts
D. Submit an incident

Answer: B,C

NEW QUESTION # 133
How does the integration of risk management tools with the Third-party Portal enhance risk assessment capabilities?
Response:

A. By automating the submission process for third parties
B. By streamlining the approval process for third-party contracts
C. By enabling detailed analysis and reporting on third-party risks
D. By reducing the need for internal risk assessments

Answer: A

NEW QUESTION # 134
What is the main advantage of integrating Third-Party Risk Management with other ServiceNow applications through the portal?
Response:

A. It reduces the need for external audits
B. It simplifies user access by consolidating login credentials
C. It provides a unified platform for managing all aspects of risk, compliance, and vendor relationships
D. It automates the process of third-party onboarding

Answer: C

NEW QUESTION # 135
......

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