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100% Pass Reliable CIS-TPRM - Valid Certified Implementation Specialist - Third-party Risk Management Test Sample
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ServiceNow Certified Implementation Specialist - Third-party Risk Management Sample Questions (Q33-Q38):
NEW QUESTION # 33
In the context of third-party risk assessment generation, what is the primary benefit of using automated triggers and schedules?
Response:
- A. Reducing the need for risk management staff
- B. Increasing the complexity of the risk management process
- C. Ensuring assessments are consistently conducted at relevant intervals
- D. Limiting the scope of assessments to high-risk third parties only
Answer: C
NEW QUESTION # 34
Which stage in the third-party risk assessment lifecycle is crucial for ensuring that ongoing risks are adequately managed?
Response:
- A. Initial onboarding
- B. Continuous monitoring and reassessment
- C. Post-engagement review
- D. Final contract termination
Answer: B
NEW QUESTION # 35
What is the primary objective of conducting due diligence requests during the third-party risk assessment process?
Response:
- A. To collect and evaluate critical information about third-party risks before engagement
- B. To reduce the overall cost of third-party services
- C. To finalize contract terms with third parties
- D. To establish a legal framework for third-party relationships
Answer: A
NEW QUESTION # 36
A robust Third-party Security Scoring Configuration should:
Response:
- A. Incorporate external risk intelligence and vulnerability data
- B. Be updated bi-annually
- C. Rely solely on internal assessments
- D. Focus only on cybersecurity aspects
Answer: D
NEW QUESTION # 37
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 ensures that assessments are conducted consistently and triggered by predefined criteria
- D. It simplifies the assessment process by removing the need for human intervention
Answer: C
NEW QUESTION # 38
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