ServiceNow CIS-VRM Exam Questions - mytestengine Practice Lab

Question 1

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 assess and manage the risk from interactions with vendors and third parties

C

To help negotiate the best possible price for a product or service from the vendor

D

To verify that vendors have adequate measures and processes in place to ensure profitability of vendor

Correct Answer: A, B

Explanation:

Reference:

https://reciprocity.com/resources/what-is-a-vendor-risk-management-program/#:~:text=A%20vendor%20risk%20management%20framework,across%20the%20organizati on's%20supplier%20base

Question 2

The Vendor records are stored in which table?

A

Company [core_company]

B

Department [cmn_department]

C

Task [task]

D

User [sys_user]

Correct Answer: A

Explanation:

Answer: A

Question 3

Internal roles include: (Choose three.)

A

Vendor Contact sn_vdr_risk.vendor_contact

B

Vendor Risk Manager sn_vdr_risk_asmt.vendor_risk_manager

C

Primary Vendor Contact sn_vdr_risk_asmt.prim_vendor_contact

D

Vendor Risk Assessor sn_vdr_risk_asmt.vendor_assessor

E

Vendor Risk Reviewer sn_vdr_risk_asmt.vendor_assessment_reviewer

Correct Answer: B, D, E

Explanation:

Answer: B D E

Question 4

Roles preceded by sn_vdr_risk are for which scope?

A

GRC: Vendor Risk Remediation

B

GRC: Vendor Risk Core

C

GRC: Risk Management

D

GRC: Vendor Risk Management

Correct Answer: D

Explanation:

Answer: D

Question 5

Before any changes to the configuration of an application are made, it is recommended that the correct update set and application scope are selected. What role is required for this functionality?

A

The Vendor Administrator role is required for this functionality

B

The Data Administrator role is required for this functionality

C

The User Administrator role is required for this functionality

D

The System Administrator role is required for this functionality

Correct Answer: D

Explanation:

Demo ServiceNow CIS-VRM Exam Questions

Which of the following is an objective of Vendor Risk Management? (Choose two.)

To help vendors improve their security posture and preparedness

To assess and manage the risk from interactions with vendors and third parties

To help negotiate the best possible price for a product or service from the vendor

To verify that vendors have adequate measures and processes in place to ensure profitability of vendor

Correct Answer: A, B

Reference:

https://reciprocity.com/resources/what-is-a-vendor-risk-management-program/#:~:text=A%20vendor%20risk%20management%20framework,across%20the%20organizati on's%20supplier%20base

The Vendor records are stored in which table?

Company [core_company]

Department [cmn_department]

Task [task]

User [sys_user]

Correct Answer: A

Answer: A

Internal roles include: (Choose three.)

Vendor Contact sn_vdr_risk.vendor_contact

Vendor Risk Manager sn_vdr_risk_asmt.vendor_risk_manager

Primary Vendor Contact sn_vdr_risk_asmt.prim_vendor_contact

Vendor Risk Assessor sn_vdr_risk_asmt.vendor_assessor

Vendor Risk Reviewer sn_vdr_risk_asmt.vendor_assessment_reviewer

Correct Answer: B, D, E

Answer: B D E

Roles preceded by sn_vdr_risk are for which scope?

GRC: Vendor Risk Remediation

GRC: Vendor Risk Core

GRC: Risk Management

GRC: Vendor Risk Management

Correct Answer: D

Answer: D

Before any changes to the configuration of an application are made, it is recommended that the correct update set and application scope are selected. What role is required for this functionality?

The Vendor Administrator role is required for this functionality

The Data Administrator role is required for this functionality

The User Administrator role is required for this functionality

The System Administrator role is required for this functionality

Correct Answer: D

Answer: D

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