CIPS L5M5 Q&A - in .pdf

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  • Exam Name: Managing Ethical Procurement and Supply (L5M5)
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  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
Which among the following acts as a trigger for risk response process?
A. Risk level equates the risk tolerance
B. Risk level equates risk appetite
C. Risk level increases above risk appetite
D. and A are incorrect. Risk appetite level is not relevant in triggering of risk response process. Risk appetite is the amount of risk a company or other entity is willing to accept in pursuit of its mission. This is the responsibility of the board to decide risk appetite of an enterprise. When considering the risk appetite levels for the enterprise, the followingtwo major factors should be
taken into account:
The enterprise's objective capacity to absorb loss, e.g., financial loss, reputation damage, etc.
The culture towards risk taking-cautious or aggressive. In other words, the amount of loss the
enterprise wants to accept in pursue of its objective fulfillment.
E. Explanation:
The risk response process is triggered when a risk exceeds the enterprise's risk tolerance level. The acceptable variation relative to the achievement of an objective is termed as risk tolerance. In other words, risk tolerance is the acceptable deviation from the level set by the risk appetite and business objectives. Risk tolerance is defined at the enterprise level by the board and clearly communicated to all stakeholders. A process should be in place to review and approve any exceptions to such standards.
F. Risk level increase above risk tolerance
Answer: F
Explanation:
is incorrect. Risk response process is triggered when the risk level increases the risk
tolerance level of the enterprise, and not when it just equates the risk tolerance level.

NEW QUESTION: 2
Refer to the exhibit.

The network administrator is setting up Multiple Spanning Tree Protocol (MSTP) with the settings shown in the exhibit. All the switches are in the same region. The administrator has requested help determining which VLANs each switch-to-switch link should carry. What is a recommendation for this topology?
A. To optimize forwarding, Links 1 and 3 should only carry VLANs 10 and 11, and Links 2 and 4 should only carry VLANs 12 and 13.
B. To ensure compatibility with MSTP, Links 1-4 should be untagged in VLAN 1 and have no tagged VLAN assignments.
C. To optimize forwarding, Links 1 and 2 shouldonlycarry VLANs 10 and 12, and Links 3 and 4 should only carry VLANs 11 and 13.
D. To prevent disruptions duringlink failure, Links 1-4 should carry VLANs 10-13.
Answer: A

NEW QUESTION: 3
Flex ports are enabled to add redundant paths for existing iSCSI hosts. A new VLAN is created with identical settings. The network administrator reports high retransmits on all newly added paths.
Which best practice configuration is missing?
A. Install Flex port license
B. Change the VLAN ID from the default of 3260
C. Configure a QoS node to optimize performance
D. Adjust the MTU value on the Flex Port Fault Domain
Answer: C

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