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The ITIL 4 Foundation Exam covers the latest ITIL framework, which is an evolution of the previous version, ITIL v3. This updated version includes new concepts such as the Service Value System, the Four Dimensions of Service Management, and the Guiding Principles. ITILFND_V4 exam format consists of 40 multiple-choice questions, and candidates must score at least 65% to pass the exam. The ITIL 4 Foundation certification is a prerequisite for higher-level ITIL 4 certifications, such as the ITIL Managing Professional and ITIL Strategic Leader certifications.

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The ITIL 4 framework is a set of best practices that helps organizations to align their IT services with their business objectives. The framework is based on a service value system (SVS) that provides a holistic approach to ITSM. The ITIL 4 framework consists of four dimensions, which are service value system, service value chain, guiding principles, and practices. The ITILFNDv4 exam covers all these four dimensions of the ITIL 4 framework.