ServiceNow CIS-TPRM Q&A - in .pdf

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  • Exam Code: CIS-TPRM
  • Exam Name: Certified Implementation Specialist - Third-party Risk Management
  • PDF Version: V19.35
  • Q & A: 365 Questions and Answers
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  • Exam Code: CIS-TPRM
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NEW QUESTION: 1
When reversing a receipt, if an adjustment or chargeback exists, how are the off-setting adjustments created?
A. Automatically, but WITHOUT using the Adjustment Reversal and Chargeback Reversal activities
B. Automatically using the Adjustment Reversal and Chargeback Reversal activities
C. Manually, but WITHOUT using Adjustment Reversal and Chargeback Reversal activities
D. Manually using Chargeback Reversal activities
E. Manually using the Adjustment Reversal
Answer: B
Explanation:
When you reverse a receipt, if an adjustment or chargeback exists,
Receivables automatically generates off-setting adjustments using the Adjustment
Reversal and Chargeback Reversal activities.
Reference: Using Receivables Activity Types

NEW QUESTION: 2
When an auditor does not receive replies to positive requests for year-end accounts receivable
confirmations, the auditor most likely would:
A. Ask the client to contact the customers to request that the confirmations be returned.
B. Increase the assessed level of inherent risk for the revenue cycle.
C. Inspect the allowance account to verify whether the accounts were subsequently written off.
D. Increase the assessed level of detection risk for the valuation and completeness assertions.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. When using positive confirmation requests, the auditor should generally follow up
with a second and sometimes third request to those parties from whom replies have not been received. In
addition, asking the client to contact its customers may encourage further responses.
Choice "A" is incorrect. Confirmations are designed to provide evidence of existence, so nonresponses
would require alternative procedures focused on existence as well. Verification that the account was
subsequently written off tests the valuation assertion, but does not provide evidence of existence.
Choice "B" is incorrect. The auditor sets detection risk based on the assessed levels of inherent risk and
control risk, and would only increase the acceptable level of detection risk in response to a decrease in
inherent or control risk. Failure to receive confirmations would not cause the auditor to make such a
change.
Choice "D" is incorrect. Inherent risk assessments would not be affected by confirmation response rates,
which are not subject to client control.

NEW QUESTION: 3
You have a Lync Server 2013 infrastructure and a Microsoft Exchange Server 2013 organization. You enable Enterprise Voice for all users. You plan to implement Unified Messaging (UM). You need to configure a dial plan to ensure that all communication between Exchange Server 2013 and Lync Server 2013 is encrypted. How should you configure the URI type and the VoIP security in the dial plan? To answer, select the appropriate URI type and the VoIP security in the answer area.
Hot Area:

Answer:
Explanation:

Explanation/Reference:
The URI Type must be set to SIP URI and the VoIP Security was set to Secured. Reference: Lync and Exchange UM Integration

NEW QUESTION: 4
Which type of application would benefit from using the Singleton pattern?
A. An application that requires remote monitoring capabilities
B. A clustered application that can support 200 concurrent users.
C. An application that interacts with external systems in parallel fashion.
Answer: C

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