Free Practice Questions for ServiceNow CIS-VRM Exam

Question 1

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

AGRC: Vendor Risk Management

BGRC: Audit Management

CGRC: Risk Management

DGRC: Policy and Compliance Management

Correct Answer: D. GRC: Policy and Compliance Management

Question 2

A Document Request Template is a record in which table?

ADocument request item [sn_document_template]

BVendor risk assessment [sn_vdr_risk_asmt_assessment]

CAssessment metric category [asmt_metric_category]

DAssessment metric type [asmt_metric type]

Correct Answer: A. Document request item [sn_document_template]

Question 3

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

ARepeating Surveys

BAssessment Metric

CRepeating Assessments

DAssessment Metric Type

Correct Answer: C. Repeating Assessments

Question 4

Which could have an impact on the vendor's Risk Assessment rating? (Choose three.)

AAnswering one or more questions incorrectly

BLeaving answers blank

COmitting documentation

DSpelling errors

EReassigning a questionnaire to a contact

Correct Answer: A. Answering one or more questions incorrectly; C. Omitting documentation; E. Reassigning a questionnaire to a contact

Question 5

When will the tiering value appear on the Vendor record?

AWhen the Tiering Assessment record state is closed

BWhen the Tiering Assessment record state is Tiering Assessment

CWhen all tiering assessments have been completed

Correct Answer: C. When all tiering assessments have been completed

Question 6

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

ADocument Request Template

BAssessment Template

CVendor Risk Assessment

DQuestionnaire Template

Correct Answer: A. Document Request Template; D. Questionnaire Template

Question 7

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

AA Risk Assessment

BA configuration setting

CA Tiering Assessment

DA Vendor Tiering Rule

EA Visual Task Board

Correct Answer: D. A Vendor Tiering Rule

Question 8

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

Correct Answer: C. Primary vendor contacts can then see their overall non compliant risk score

Question 9

To what type of assessment record can a vendor contact respond?

AVendor tiering assessment

BVendor risk assessment

CCustomer assessment

DExternal monitoring assessment

Correct Answer: B. Vendor risk assessment

Question 10

Which of the following statements are true about the Template Designer? (Choose two.)

AQuestion weight can be set in the Template Designer

BCorrect answers can be set in the Template Designer

CQuestions can be mandatory in the Template Designer

DDependencies between questions cannot be set in the Template Designer

EQuestions cannot be mandatory in the Template Designer

Correct Answer: A. Question weight can be set in the Template Designer; C. Questions can be mandatory in the Template Designer