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GAQM Certified Business Continuity Professional (CBCP) Sample Questions (Q14-Q19):

NEW QUESTION # 14
BIA helps you identify

A. Tangible and intangible impact of a disruption over period of time
B. Critical services and products
C. Critical interdependencies and interested parties
D. All of the above

Answer: D

Explanation:
BIA helps to identify all of the above aspects of an organization's functions and processes. It helps to identify the critical services and products that the organization delivers to its customers and stakeholders, and the functions and processes that support them. It also helps to identify the critical interdependencies and interested parties that are involved in or affected by the organization's functions and processes, such as suppliers, partners, regulators, or employees. Moreover, it helps to identify the tangible and intangible impacts of a disruption to the organization's functions and processes over a period of time, such as financial losses, reputational damage, legal liabilities, or customer dissatisfaction. Verified References: https://www.ready.gov
/business-impact-analysishttps://drii.org/resources/professionalpractices/EN

NEW QUESTION # 15
Tolerating risk is where no action is taken to mitigate or reduce a risk.

A. False
B. True

Answer: B

Explanation:
Explanation
Tolerating risk is where no action is taken to mitigate or reduce a risk. This is true because tolerating risk is one of the possible strategies for managing risk. Tolerating risk means accepting or retaining a risk without taking any further action to reduce it, either because the risk level is acceptable or because the cost or effort of reducing it is not justified. Tolerating risk may be appropriate for low-priority or low-impact risks that do not pose a significant threat to the organization's objectives. Verified References:
https://www.investopedia.com/terms/t/the-four-ts.asphttps://www.thebci.org/training-qualifications/good-practic

NEW QUESTION # 16
There are several reasons why a company would develop and implement a business continuity plan. Which of the following properly describes the best reason?

A. Properly react to disasters
B. The continuation of a company
C. To increase liability
D. Compliance with regulations

Answer: B

Explanation:
The primary reason for developing and implementing a business continuity plan is to ensure the continuation of a company's critical functions and processes in the face of a disruption that may otherwise cause severe losses or damage to the company's reputation, assets, customers, or stakeholders. A business continuity plan can help a company to resume operations asquickly as possible after a disruption, minimize the impact on its performance and profitability, protect its brand and image, and fulfill its legal and contractual obligations.
Verified References: https://www.ready.gov/business-continuity-planhttps://drii.org/resources
/professionalpractices/EN

NEW QUESTION # 17
Which type of management is an often used term, but has so many different connotations to different people that invariably the message of its meaning gets confused?

A. Technical
B. Strategic
C. Functional
D. Operational

Answer: B

Explanation:
Explanation
Strategic management is the type of management that is an often used term, but has so many different connotations to different people that invariably the message of its meaning gets confused. Strategic management is the process of defining and executing the long-term vision, goals, plans, and actions of an organization. Strategic management involves analyzing the internal and external environment, formulating strategies, implementing them, and evaluating their outcomes. Strategic management can be complex and challenging, as it requires alignment and integration of various aspects of the organization, such as culture, structure, resources, capabilities, stakeholders, markets, competitors, or regulations. Verified References:
https://www.investopedia.com/terms/s/strategic-management.asp
https://phoenixnap.com/blog/what-is-business-continuity-management

NEW QUESTION # 18
Which of the following exercises involve all teams?

A. Plan walkthrough
B. Multi-team simulation
C. Facilitated discussion
D. Full-scale exercise

Answer: D

Explanation:
A full-scale exercise is a type of exercise that involves all teams. A full-scale exercise is a high-pressure exercise that simulates a realistic scenario of a disruption that affects all or most of the organization's functions and processes. A full-scale exercise tests the effectiveness and efficiency of the plans, procedures, systems, teams, and resources that are required to respond to and recover from a disruption. A full-scale exercise also evaluates the coordination and communication among all the teams and stakeholders involved.
Verified References: https://www.ready.gov/business-continuity-planhttps://www.csoonline.com/article
/515730/business-continuity-and-disaster-recovery-planning-the-basics.html

NEW QUESTION # 19
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