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ServiceNow GRC and more > Risk 25% > Flashcards

Risk 25% Flashcards

1
Q

Which of the following tables are in the GRC: Risk Scope? (Select all that apply)

a. Issue
b. Risk Framework
c. Risk Statement
d. Citation

A

b. Risk Framework

c. Risk Statement

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2
Q

A risk statement can be created outside of a Risk Framework

a. Yes
b. No

A

a. Yes

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3
Q
  • Risk Statements can reference more than one Risk Framework
    a. Yes
    b. No
A

b. No

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4
Q
  • What are the 3 Risk Score Types?
    a. Qualitative
    b. Residual
    c. Quantitative
    d. Calculated
    e. Inherent
A

b. Residual
d. Calculated
e. Inherent

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5
Q

Default values for Inherent and Residual risks are entered on the Risk Statement

a. Yes
b. No

A

a. Yes

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6
Q

Calculated Risk scores appear one the Risk once it is generated

a. Yes
b. No

A

a. Yes

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7
Q
  • Which of the following are Risk Score Methods? Choose 2
    a. Calculated
    b. Quantitative
    c. Single Loss Expectancy
    d. Qualitative
    e. Likelihood
A

b. Quantitative

d. Qualitative

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8
Q
  • Which of the following are components of a Risk Score? Choose 4
    a. Annualized Rate of Occurrence (ARO)
    b. Likelihood
    c. Annualized Loss Expectancy (SLE)
    d. Score
    e. Impact
    f. Single Loss Expectancy (ALE)
A

b. Likelihood
d. Score
e. Impact
f. Single Loss Expectancy (ALE)

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9
Q

For Calculated Risk, only the ALE and Risk score exist

a. Yes
b. No

A

a. Yes

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10
Q

Can you nest or stack Risk Frameworks?

a. Yes
b. No

A

a. No

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11
Q

Can you nest or stack Risk Statements?

a. Yes
b. No

A

a. Yes

Only if using the Advanced Risk application.

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12
Q

Can a Risk Manager update Entity Types and Entities?

a. Yes
b. No

A

a. Yes

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13
Q

Entity Types can be applied at what level to generate Registered Risks?
A. Risk Framework
b. Risk Statement / Risk Template
c. Both

A

c. Both

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14
Q

A risk response if automatically generated when the type of response is saved.

a. Yes
b. No

A

a. Yes

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15
Q

Data from the ServiceNow Security Operations applications can impact a Risk.

a. Yes
b. No

A

a. Yes

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16
Q

What tables hold the records that are used to manage registered risks through its lifecycle?

a. Policies
b. Controls
c. Risks
d. Risk Statements

A

b. Controls
c. Risks

NOT Policies or Risk Statements

17
Q

Which Risk-related tables have a state workflow ? (select all that apply)​

a. Risk Statement
b. Risk Event
c. Risk Response
d. Registered Risk

A

b. Risk Event
c. Risk Response
d. Registered Risk

NOT a Risk Statement

18
Q

What is the name of the Risk Statement table?

a. sn_risk_definition
b. sn_risk_statement
c. sn_risk_risk_statement
d. sn_grc_risk_statement

A

a. sn_risk_definition

19
Q

Tables in the Advanced Risk scoped application are prefixed with what?​

a. sn_risk_advanced
b. sn_advanced_risk
c. sn_adv_risk
d. sn_grc_risk_advanced

A

a. sn_risk_advanced

20
Q
  • Real-world or “actual” ALE is contained in which ALE field in ServiceNow?
    a. Inherent
    b. Residual
    c. Calculated
A

c. Calculated

21
Q

A Risk indicator can be related to a control.

a. True
b. False

A

b. False

22
Q

Advanced Risk is available to customers who have subscribed to the following:

a. Standard
b. Premium
c. Enterprise

A

c. Enterprise

23
Q

What are the two major pieces of Advanced Risk Functionality:

a. Risk Events
b. Risk rollup/ hierarchy
c. Peg add some other tricky choices here

A

a. Risk Events

b. Risk rollup / hierarchy

24
Q
  • Single Loss Expectancy (SLE) represents which of the following:
    a. Impact
    b. Likelihood
A

a. Impact

25
Q

Annualized Rate of Occurrence (ARO) represents which of the following:

a. Impact
b. Likelihood

A

b. Likelihood

26
Q

The default Risk Score Method for ServiceNow is Quantitative.

a. Yes
b. No

A

b. No

Qualitative is the default

27
Q
  • Which of the following are true statements regarding Rollups in Advanced Risk?
    a. Rollups can be managed by creating upstream and downstream relationships between Entities.
    b. Rollups can also be managed by creating upstream and downstream relationships between Risk Statements.
    c. Both
A

c. Both

ServiceNow GRC and more (23 decks)

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