ServiceNow CIS-VRM Exam Actual Questions

Name: Certified Implementation Specialist - Vendor Risk Management
Brand: QA4Exam
SKU: CIS-VRM
Price: 30 USD
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The questions for CIS-VRM were last updated on Oct 2, 2024.

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Question No. 1

Which GRC records can be related to an Entity? (Choose three.)

AEntity Types

BVendors

CRisks

DPolicies

EControls

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Correct Answer: A, C, D

Question No. 2

A vendor is assessed and responds to a question which impacts one of the Controls applied to them. When is the Control Status updated?

AWhen the Vendor Risk Assessment State is Responses Received

BWhen the Vendor Risk Assessment State is Finalizing with Vendor or Closed

CWhen the Vendor Risk Assessment response is saved

DWhen all Questions in the Vendor Risk Assessment have a response

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Correct Answer: B

Question No. 3

What is the advantage of using both VRM and GRC/IRM?

AVendor Risk engagements automatically match with Audit engagements

BAll compliance controls are automatically visible to the vendor risk manage

CPrimary vendor contacts can then see their overall non compliant risk score

DNon compliant controls automatically adjust the risk score for a vendor entity

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Correct Answer: C

Question No. 4

On which of the following tables can you create vendor risk reports? (Choose three.)

ACompany [core_company]

BVendor Risk Assessment [sn_vdr_risk_asmt_assessment]

CVendor Risk Issue [sn_vdr_risk_asmt_issue]

DVendor Contact [vm_vendor_contact]

EVendor Activity [vm_vendor_activity]

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Correct Answer: B, C, E

Question No. 5

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

ACompany [core_company]

BVendor Risk Issue [sn_var_asmt_issue]

CVendor Contact (vm_vdr_contact]

DVendor Risk Assessment [sn_vdr_risk_asmt_assessment]

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Correct Answer: D

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