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ServiceNow CIS-VRM Certified Implementation Specialist -Vendor Risk Management Exam Practice Test

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Total 60 questions

Certified Implementation Specialist -Vendor Risk Management Questions and Answers

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Question 1

Roles preceded by sn_vdr_risk are for which scope?

Options:

A.

GRC: Vendor Risk Remediation

B.

GRC: Vendor Risk Core

C.

GRC: Risk Management

D.

GRC: Vendor Risk Management

Question 2

Baseline email notifications that help to automate the vendor risk management process are installed with which plugin?

Options:

A.

GRC: Vendor Risk Management

B.

GRC: Audit Management

C.

GRC: Risk Management

D.

GRC: Policy and Compliance Management

Question 3

Which functions can be performed in the Vendor Portal? (Choose three.)

Options:

A.

Assessment response

B.

Contact Management

C.

Issue remediation

D.

Schedule web meetings

E.

Requests via virtual agent

Question 4

What can be used to automatically assign a Vendor tier value?

Options:

A.

A Risk Assessment

B.

A configuration setting

C.

A Tiering Assessment

D.

A Vendor Tiering Rule

E.

A Visual Task Board

Question 5

In order to evaluate a vendor on a recurring basis, configure a record in this table:

Options:

A.

Repeating Surveys

B.

Assessment Metric

C.

Repeating Assessments

D.

Assessment Metric Type

Question 6

What are the features of Vendor Risk Issues? (Choose two.)

Options:

A.

Generate audit tasks for the vendor risk team

B.

Can only be seen by the customer’s vendor risk team

C.

Provide vendor direct access to update and respond to Issues

D.

Can be generated on-demand or automatically due to an incorrect answer

Question 7

The Template Designer is leveraged to create which of the following? (Choose two.)

Options:

A.

Document Request Template

B.

Assessment Template

C.

Vendor Risk Assessment

D.

Questionnaire Template

Question 8

Which of the following is the main benefit of using the Vendor Portal?

Options:

A.

Assessments are performed via the Vendor Portal and spreadsheets

B.

More efficiently communicating Assessments with a single contact

C.

Assessments are shared through the Vendor Portal and email

D.

More efficiently completing Assessments via the Vendor Portal

Question 9

A Vendor Risk Manager needs to run a report displaying Critical Vendors. On which table would this person run a report?

Options:

A.

Company [core_company]

B.

Vendor Risk Issue [sn_var_asmt_issue]

C.

Vendor Contact (vm_vdr_contact]

D.

Vendor Risk Assessment [sn_vdr_risk_asmt_assessment]

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Total 60 questions