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ServiceNow CIS-TPRM Exam Syllabus Topics:

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

1. In Third-party Risk Assessment Calculations, which of the following factors are typically considered?
(Choose two)
Response:

A) The geographical location of the third party.
B) The third party,s adherence to relevant industry standards.
C) The financial stability of the third party.
D) The color of the third party,s logo.

2. Which key component should be prioritized during the initial setup of Third-party Portfolio Configuration to ensure a comprehensive risk assessment?
Response:

A) Contract lengths
B) Service categories
C) Financial transactions
D) Risk and criticality tiers

3. What is the primary goal of Due Diligence Requests in the Assessment Configuration process?
Response:

A) To identify potential third-party partners for future projects.
B) To gather essential information to evaluate a third party,s risk posture.
C) To negotiate better contract terms with third parties.
D) To ensure the timely payment of invoices by third parties.

4. How can the design of a Third-party Assessment Portal contribute to improving risk management efficiency?
Response:

A) By centralizing all third-party data in a single location
B) By providing an intuitive interface that facilitates quick and accurate risk assessments
C) By limiting the portal's functionality to only high-level risk assessments
D) By incorporating multiple branding elements for each third party

5. How should Contact Configuration be approached to manage international third parties?
Response:

A) Accounting for language preferences and time zones in contact details
B) Assigning contacts based on geographical proximity rather than expertise
C) Ignoring time zone differences to simplify meeting scheduling
D) By using a universal language for all communications, regardless of the third party,s location

Solutions: