SHARED ASSESSMENTS CTPRP EXAM SCORE - CTPRP VALID EXAM FORUM

Shared Assessments CTPRP Exam Score - CTPRP Valid Exam Forum

Shared Assessments CTPRP Exam Score - CTPRP Valid Exam Forum

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Tags: CTPRP Exam Score, CTPRP Valid Exam Forum, Free CTPRP Updates, Top CTPRP Questions, CTPRP Free Download

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Shared Assessments Certified Third-Party Risk Professional (CTPRP) Sample Questions (Q278-Q283):

NEW QUESTION # 278
What is the primary purpose of conducting regular emergency drills in a facility?

  • A. To ensure all occupants are familiar with evacuation procedures and can respond quickly in a crisis.
  • B. To check the operational readiness of emergency equipment like fire extinguishers.
  • C. To evaluate the response time of local emergency services during different scenarios.
  • D. To provide a realistic experience of potential emergency scenarios without actual risk.

Answer: A

Explanation:
Regular emergency drills are crucial as they ensure that all occupants are familiar with evacuation procedures and can exit the building quickly and safely in the event of an emergency, thus minimizing potential harm and confusion.


NEW QUESTION # 279
Which of the following is not a primary activity of due diligence for a lower risk vendor?

  • A. Reviewing and updating the risk management framework
  • B. Requesting and filing external audit reports
  • C. Preparing reports to management regarding vendor status
  • D. Analyzing industry benchmarking studies

Answer: B

Explanation:
Requesting and filing external audit reports is typically not a primary due diligence activity for lower risk vendors, as it involves more in-depth and resource-intensive scrutiny that might not be necessary given the lower risk profile.


NEW QUESTION # 280
Who is primarily responsible for ensuring a third-party meets their contractual obligations?

  • A. The third-party risk management officer
  • B. The internal audit team
  • C. The procurement manager
  • D. The business unit relationship owner

Answer: D

Explanation:
The business unit relationship owner is the designated individual responsible for overseeing the compliance of third-party entities with the set agreements, ensuring that contractual obligations and service levels are met.


NEW QUESTION # 281
After analyzing a vendor questionnaire, what should be done with adverse or high priority responses?

  • A. These responses should be prioritized for further validation, testing, or remediation
  • B. These should be addressed in the next scheduled review meeting with the vendor
  • C. Responses should be shared with all stakeholders for transparency and open discussion
  • D. They should be documented and archived for future reference without immediate action

Answer: A

Explanation:
Adverse or high-priority responses in a vendor questionnaire analysis are critical indicators of potential threats or shortcomings in a vendor's controls, policies, or procedures. These need to be addressed urgently through further validation, testing, or remediation to mitigate any risks.


NEW QUESTION # 282
A company discovers that an employee is using a company-issued device for personal business. According to typical end-user device policies, which of the following actions is most justified?

  • A. The IT department should isolate the device to prevent any organizational data from being compromised.
  • B. An investigation is launched to determine if any personal data was collected from the device.
  • C. The employee may face reprimands or restrictions according to the severity of the misuse.
  • D. The employee's device is immediately confiscated and they are suspended from work.

Answer: C

Explanation:
Typical end-user device policies outline acceptable use, and using company devices for personal business often violates these stipulations, thus justifying disciplinary actions depending on the specifics of the policy.


NEW QUESTION # 283
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