Servicenow grc Study guides, Class notes & Summaries

Specifically audit management helps? - Answer-Centralize all results Track progress of results Provide historical reference Allow auditors to access data What is the best approach to activating GRC plugins? - Answer-The best approach is to activate Policy and Compliance Management first, followed by Risk Management then Audit Management. When this sequence is followed, the data is available to be leveraged by the Audit Management application. sn_edge_base - Answer-Audit engagements can ge...

Entity/Profile - Answer-Records that aggregate GRC information related to a specific item Authority Document - Answer-Regulations, that companies comply with - have citations Citations - Answer-Requirements cited by an Authority Document Policy - Answer-Internal practice that to ensure compliance and reduce risk exposure Control Objective - Answer-Details that a process follows within a Policy Unified Compliance Framework (UCF) - Answer-Compliance database serving as a single point of mana...

Profile/Entity - Answer-Records that aggregate GRC information related to a specific item Authority Document - Answer-The regulations, certifications, frameworks, standards, and best practices that an organization chooses or are required to for compliance with regulations Citations - Answer-Records with the specific requirements cited by an Authority Document Policy - Answer-Defines an internal practice that a business process follows to ensure compliance and reduce Risk exposure Control O...

ServiceNow IRM Exam - Questions and Answers (Complete Solutions) Which of the following are the classic risk score types that ServiceNow tracks? (Choose three.) A. Residual B. Inherent C. Calculated D. Operational E. Digital Which of the following tables exist within the GRC: Profiles application scope? (Choose three.) A. Document B. Policy C. Risk D. Content E. Indicator What are some characteristics of the ServiceNow Store? (Choose four.) A. Some applications are certified by ServiceNow B. A...

ServiceNow VRM Course UPDATED Exam Questions and CORRECT Answers What is VRM (Vendor Risk Management)? - CORRECT ANSWER- VRM Process of ensuring the use of services and suppliers doesn't create unacceptable levels of risk or negative impact for the business How does VRM link to the GRC module? - CORRECT ANSWER- It is the fourth application in the GRC suite. It can also be used as a standalone application What are the 6 capabilities of VRM? - CORRECT ANSWER- 1. Vendor Portfolio 2. Ve...

Which of the following are the classic risk score types that ServiceNow tracks? (Choose three.) A. Residual B. Inherent C. Calculated D. Operational E. Digital Reveal Solution - ANSWER A. Residual B. Inherent C. Calculated Which of the following tables exist within the GRC: Profiles application scope? (Choose three.) A. Document B. Policy C. Risk D. Content E. Indicator - ANSWER A. Document D. Content E. Indicato

ServiceNow VRM Course Final Exam Questions and Answers 2023 Solved Correctly What is VRM (Vendor Risk Management)? - VRM Process of ensuring the use of services and suppliers doesn't create unacceptable levels of risk or negative impact for the business How does VRM link to the GRC module? - It is the fourth application in the GRC suite. It can also be used as a standalone application What are the 6 capabilities of VRM? - 1. Vendor Portfolio 2. Vendor Tiering 3. Assessment Managem...

SERVICENOW IRM EXAM 2024 VERIFIED 100% CORRECT!!

IT Asset Management - ITAM - Management of IT Assets Hardware Asset Management - Management of IT Hardware Assets, as opposed to IT Software Assets IT Service Management - ITSM - Management of Configuration Items IT Asset - Hardware, software, and data that needs to be financially tracked Configuration Item - CI - may or may not be an asset; managed from an operational perspective CMDB - Primarily a data repository, used to store information describing configuration items Asset...