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ServiceNow CIS-TPRM Exam Syllabus Topics:

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

1. How does continuous monitoring play into the Third-party Risk Assessment Lifecycle?
Response:

A) It should only be conducted on an annual basis to reduce burden.
B) It is unnecessary if the initial assessment is thorough.
C) It provides ongoing insights into third-party performance and emerging risks.
D) Continuous monitoring is only relevant for high-risk third parties.

2. How does ServiceNow''s IntegrationHub enhance Third-Party Risk Management capabilities?
Response:

A) By limiting data access to a select few administrators
B) Through enabling easy integration with external data sources and systems
C) Through the manual input of data from third-party assessments
D) By providing aesthetic enhancements to the dashboard

3. What is the primary objective of conducting due diligence requests during the third-party risk assessment process?
Response:

A) To finalize contract terms with third parties
B) To establish a legal framework for third-party relationships
C) To collect and evaluate critical information about third-party risks before engagement
D) To reduce the overall cost of third-party services

4. Third-party Risk Issues are considered inactive when they enter this state:
Response:

A) Submitted to Third Party
B) Review
C) Closed
D) Finalize with Third Party

5. What is a common challenge when conducting technical assessments as part of Third-party Risk Management?
Response:

A) Ensuring the assessment is completed within the organization,s budget
B) Accessing accurate and up-to-date information from the third party
C) Aligning the assessment with the organization,s marketing strategy
D) Determining the legal framework applicable to the assessment

Solutions: