CTPRP (Certified Third-Party Risk Professional) Exam

Question 1

What is the PRIMARY purpose of reviewing a vendor's Business Continuity Plan (BCP) during third-party due diligence?

To confirm the vendor meets ISO 27001 certification requirements To assess whether the vendor can continue delivering services during a disruptive event To verify that the vendor has adequate Directors & Officers (D&O) insurance To determine if the vendor's employees have signed non-disclosure agreements

Correct Answer:

To assess whether the vendor can continue delivering services during a disruptive event

Question 2

A vendor states its Recovery Time Objective (RTO) is 4 hours. What does this mean?

The vendor promises to back up data every 4 hours The vendor commits to restoring services within 4 hours of a declared disaster The vendor will notify you of an outage within 4 hours The vendor's contract penalty period begins after 4 hours of downtime

Correct Answer:

The vendor commits to restoring services within 4 hours of a declared disaster

Question 3

Vendor concentration risk occurs when:

A single vendor provides services in multiple geographic regions An organization relies on one vendor (or a small group) for a critical function with no viable alternatives A vendor charges higher prices due to market dominance Multiple vendors compete for the same contract, creating bidding pressure

Correct Answer:

An organization relies on one vendor (or a small group) for a critical function with no viable alternatives

Question 4

Which of the following provides the STRONGEST assurance that a vendor's disaster recovery plan will work when needed?

A written attestation from the vendor's CTO that the plan has been reviewed Evidence that the vendor completed a full failover test within the last 12 months The existence of a documented DR plan filed in the vendor's policy repository The vendor's purchase of DR software licenses

Correct Answer:

Evidence that the vendor completed a full failover test within the last 12 months

Question 5

Fourth-party risk refers to:

Risk from the fourth vendor on your organization's approved vendor list Risk introduced by your vendor's own subcontractors and suppliers The fourth category of inherent risk in your risk scoring model Risk that materializes in the fourth year of a multi-year vendor contract

Correct Answer:

Risk introduced by your vendor's own subcontractors and suppliers

Exam overview

About this Exam

Prepare with the CTPRP (Certified Third-Party Risk Professional) Exam practice quiz. This question bank includes 100 questions covering vendor, risk, third-party, cptrp, and primary. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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CTPRP (Certified Third-Party Risk Professional) Exam

This practice set contains 100 questions from the matching question bank and focuses on vendor, risk, third-party, cptrp, and primary. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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About this Exam

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CTPRP (Certified Third-Party Risk Professional) Exam

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