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CIS-TPRM Minimum Pass Score | Exam CIS-TPRM Success

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ServiceNow Certified Implementation Specialist - Third-party Risk Management Sample Questions (Q29-Q34):

NEW QUESTION # 29
Which of the following is NOT typically a phase in the Third-Party Risk Management Process?
Response:

A. Revenue Optimization
B. Selection and Onboarding
C. Continuous Monitoring
D. Risk Assessment and Analysis

Answer: A

NEW QUESTION # 30
What role does user feedback play in the ongoing configuration of a Third-party Assessment Portal?
Response:

A. It ensures the portal evolves to meet user needs and improves compliance rates
B. It eliminates the need for further user training
C. It reduces the frequency of portal updates
D. It helps maintain the portal's original design intent

Answer: A

NEW QUESTION # 31
What is the most significant benefit of categorizing third parties based on the services they provide during the Third-party Portfolio Configuration process?
Response:

A. Efficient allocation of risk management resources
B. Standardization of service levels
C. Improvement in financial forecasting
D. Simplification of contract negotiations

Answer: A

NEW QUESTION # 32
Continuous monitoring in TPRM should include:
Response:

A. Monitoring of the third party's financial stability, operational performance, and compliance with SLAs
B. Periodic risk assessments only
C. Sole focus on the third-party's technological infrastructure
D. Exclusive reliance on annual audits

Answer: A

NEW QUESTION # 33
What is the role of task dependencies in configuring third-party risk tasks?
Response:

A. To create a linear task sequence without flexibility
B. To define the order in which tasks must be completed based on their interdependencies
C. To ensure all tasks are independent and completed in isolation
D. To reduce the number of tasks to simplify the process

Answer: B

NEW QUESTION # 34
......

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