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Exam Code: CTPRP
Exam Name: Certified Third-Party Risk Professional (CTPRP)
Vendor: Shared Assessments

60 Questions & Answers
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NEW QUESTION: 1
_______________ is a Life Insurance Trust with certain provisions that allows gifts to the trust to qualify for the annual gift tax exclusion.
A. Crummey Trust
B. Constructive Trust
C. Grantor Trust
D. Charitable Lead Trust
Answer: A

NEW QUESTION: 2
During the execution of an IT project, a project manager warns of the possibility that the main server may fail due to constant, local-area electrical outages. The project manager signs a contract to rent an additional server from a local company.
What strategy is the project manager using?
A. Share
B. Mitigate
C. Enhance
D. Transfer
Answer: C

NEW QUESTION: 3
Which of the following definitions is associated with both employee subgroup and personnel subarea groupings in Time Management?
Please choose the correct answer.
Response:
A. Public holiday calendar
B. Work schedule
C. Attendance and absence types
D. Leave type
Answer: B


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