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NEW QUESTION # 22
The VRM issue management process is frequently unique to an organization. What two ServiceNow provided building blocks were covered in this course to help with customer needs that might arise during the lifecycle of VRM issues? (Choose two.)
- A. Workflow Editor
- B. Incident Management
- C. Service Management
- D. Flow Designer
Answer: B,D
NEW QUESTION # 23
What are the features of Vendor Risk Issues? (Choose two.)
- A. Can only be seen by the customer's vendor risk team
- B. Generate audit tasks for the 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
Answer: C,D
NEW QUESTION # 24
Which of the following are functions of the Vendor Risk Assessor? (Choose three.)
- A. Update vendor contract deadlines
- B. Create issues for the vendor
- C. Access completed assessments from vendors
- D. Enable communications across vendors
- E. Create a Primary Contact record for a Vendor
Answer: B,C,E
NEW QUESTION # 25
During the Generating Observations phase of the Vendor Risk Assessment, what action might be taken by the Risk Assessor?
- A. Create issues from the assessment if necessary
- B. Update the vendor risk score
- C. Answer questions the vendor forgot to answer
- D. Email the vendor
Answer: A
NEW QUESTION # 26
A Vendor Risk Task can be created from which of the following records?
- A. Vendor Risk Issue, Assessment, Vendor
- B. Policy, Assessment, Vendor
- C. Risk, Policy, Assessment
- D. Policy, Vendor Risk issue, Assessment
Answer: D
NEW QUESTION # 27
Who is able to change the password for the vendor contact? (Choose two.)
- A. Vendor Risk Reviewer
- B. sys_admin
- C. Vendor Contract Relationship Manager
- D. Vendor contact via the Forgot Password link
Answer: B,D
NEW QUESTION # 28
Which of the following is an objective of Vendor Risk Management? (Choose two.)
- A. To help vendors improve their security posture and preparedness
- B. To verify that vendors have adequate measures and processes in place to ensure profitability of vendor
- C. To assess and manage the risk from interactions with vendors and third parties
- D. To help negotiate the best possible price for a product or service from the vendor
Answer: A,C
NEW QUESTION # 29
Baseline email notifications that help to automate the vendor risk management process are installed with which plugin?
- A. GRC: Policy and Compliance Management
- B. GRC: Vendor Risk Management
- C. GRC: Risk Management
- D. GRC: Audit Management
Answer: A
NEW QUESTION # 30
The assessment page provides an area to import what kind of a completed questionnaire?
- A. GDPR
- B. SIG
- C. SOC1 & SOC2
- D. SOX
Answer: D
NEW QUESTION # 31
To what type of assessment record can a vendor contact respond?
- A. Customer assessment
- B. Vendor risk assessment
- C. External monitoring assessment
- D. Vendor tiering assessment
Answer: B
NEW QUESTION # 32
All Assessment Metrics within a Metric Category are scored, are rolled up, and get a score of.
- A. 0-5
- B. 0-20
- C. 0-10
- D. 0-100
Answer: C
NEW QUESTION # 33
Which statements most accurately describe assignments to vendor contacts? (Choose two.)
- A. A questionnaire can only be completed by assigned vendor contacts
- B. A questionnaire can be read by vendor contacts that are not assigned
- C. A questionnaire or document request cannot be assigned to multiple vendor contacts
- D. Individual sections in the questionnaire or document request can be assigned
Answer: A,D
NEW QUESTION # 34
Where can the score for each Assessment Metric or Metric Category be configured?
- A. Assessment record
- B. Assessment Metric Category record
- C. Assessment Metric Type record
- D. Assessment Template record
Answer: D
NEW QUESTION # 35
What are individual questions within a questionnaire or document request referred to as?
- A. Templates
- B. Metrics
- C. Tiers
- D. Ratings
Answer: C
NEW QUESTION # 36
Which GRC records can be related to an Entity? (Choose three.)
- A. Vendors
- B. Policies
- C. Controls
- D. Entity Types
- E. Risks
Answer: B,D,E
NEW QUESTION # 37
What is the advantage of using both VRM and GRC/IRM?
- A. All compliance controls are automatically visible to the vendor risk manage
- B. Non compliant controls automatically adjust the risk score for a vendor entity
- C. Vendor Risk engagements automatically match with Audit engagements
- D. Primary vendor contacts can then see their overall non compliant risk score
Answer: D
NEW QUESTION # 38
In the Paris release and beyond, the scoped vendor portal (svdp) will be installed by default but can be overridden in which System Property record to use the legacy/traditional vendor portal (vdp)?
- A. sn_vdr_risk_asmt.vendor_portal_endpoint
- B. sn_vdr_risk_asmt.vendor_portal
- C. sn_vdr_risk_asmt.scoped.vendor_portal
- D. sn_vdr_risk_asmt.scoped.vendor_portal_endpoint
Answer: A
NEW QUESTION # 39
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Who should take the Certified Implementation Specialist - Vendor Risk Management (CIS VRM) Exam
Individuals who are responsible for implementing Vendor Risk Management should take the Certified Implementation Specialist - Vendor Risk Management (CIS VRM) Exam. ServiceNow clients, partners, staff, and others interested in becoming a ServiceNow Vendor Risk Management Implementer have access to the Certified Implementation Specialist exam.
ServiceNow CIS-VRM (Certified Implementation Specialist - Vendor Risk Management) is an advanced certification exam designed to validate the skills and knowledge of IT professionals in the field of vendor risk management using ServiceNow platform. CIS-VRM exam is intended for ServiceNow implementation specialists, security professionals, risk management professionals, and other IT professionals who want to demonstrate their proficiency in using ServiceNow for vendor risk management.
CIS-VRM Exam Dumps For Certification Exam Preparation: https://lead2pass.testpassed.com/CIS-VRM-pass-rate.html