Free CIS-TPRM Exam Braindumps
Certified Implementation Specialist - Third-party Risk Management Questions 11–15 (page: 4)

Updated On: 10-Feb-2026

What are benefits of creating Question Banks? (Choose two.)

  1. An entire category and all its metrics from a question bank can be added to a questionnaire template
  2. The auto assessment generator can randomly select metrics from a question bank to create a questionnaire template
  3. Responses to individual metrics belonging to a question bank will be tracked in the question bank
  4. Individual metrics from a question bank can be added to a questionnaire template

Answer(s): A,D

Explanation:

Question Banks allow organizations to reuse predefined sets of questions efficiently. An entire category and all its metrics can be added to a questionnaire template (A), and individual metrics can also be selectively added to a template (D), enabling flexibility and consistency in assessments.



What statements can be made about the Third-party tier? (Choose two.)

  1. It is leveraged to decide whether to do business with a third-party, or not
  2. It is leveraged to identify the appropriate assessment to send to the third-party
  3. It is required to generate a third-party assessment
  4. It can be manually set or set via the Third-party Tiering process

Answer(s): B,D

Explanation:

The Third-party tier is used to determine the appropriate assessment to send to a third-party and can be either manually set or automatically determined through the Third-party Tiering process, providing a structured approach to risk evaluation.



What application provides the capability to define multiple levels of approvals for an employee with the sn_grc_appr.admin role?

  1. Approval Configurator
  2. Multiple Approver Manager
  3. Multi-level Approval Manager
  4. IRQ ApprovalConfigurator

Answer(s): A

Explanation:

The Approval Configurator application allows users with the sn_grc_appr.admin role to define multiple levels of approvals in ServiceNow, enabling complex approval workflows based on configurable business rules.



What can be said concerning the number of third-party contacts?

  1. A third party must have one designated internal third-party manager
  2. A third party can designate more than one contact as the primary, but must have a minimum of one primary contact
  3. A third party can only designate one contact as the primary contact, but may have multiple non-primary contacts
  4. A third party can only designate one contact as the primary and must have a minimum of one non-primary contact

Answer(s): C

Explanation:

A third party in ServiceNow TPRM can designate only one contact as the primary contact to manage communications and responsibilities, while allowing multiple non-primary contacts to participate in assessments and document submissions.



What are benefits of using the Third-party Portal? (Choose two.)

  1. The Third-party Portal consolidates all communications and artifacts to a single system of truth
  2. Third-party Portal allows the Third-party Risk Assessor team to reassign parts of a Inherent Risk Assessment
  3. The Third-party Portal matches a database of documents to document requests
  4. The Third-party Portal reduces risk for an organization by enabling secure communications with the third- party
  5. The Third-party Portal can be leveraged by the third party to work with other partners

Answer(s): A,D

Explanation:

The Third-party Portal provides a centralized system of truth for all communications and artifacts with third parties and reduces organizational risk by enabling secure and controlled interactions with third parties.



Viewing page 4 of 13
Viewing questions 16 - 20 out of 60 questions


Post your Comments and Discuss ServiceNow CIS-TPRM exam prep with other Community members:

AI Tutor AI Tutor 👋 I’m here to help!