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GAQM Certified Business Continuity Professional (CBCP) Sample Questions (Q21-Q26):
NEW QUESTION # 21
Damage assessment includes all but which of the following steps?
- A. Evaluating the time to restore operations and if greater than the MTD, a disaster should be declared and BCP enacted
- B. Identifying the affected business functions.
- C. Having the insurance company declare the total extent of the damages.
- D. Estimate the time it will take to restore critical business functions.
Answer: C
Explanation:
Explanation
Damage assessment is the process of evaluating the extent and severity of the damage caused by a disruption to an organization's facilities, equipment, systems, data, records, or personnel. It includes identifying the affected business functions and processes, estimating the time it will take to restore them to normal or acceptable levels of operation, and evaluating whether the recovery time exceeds the maximum tolerable downtime (MTD) for each function or process. If so, a disaster should be declared and the business continuity plan should be activated. Having the insurance company declare the total extent of the damages is not part of the damage assessment process, as it may take longer than the MTD and may not reflect the operational impact of the damage. Verified References:
https://www.fema.gov/pdf/emergency/nims/Damage_Assessment.pdfhttps://drii.org/resources/professionalpracti
NEW QUESTION # 22
Which type of continuity planning will enhance the functioning relationship with the organization's key suppliers, creating stronger assurances of continuous supply of information, material product and services?
- A. Multilateral
- B. Unilateral
- C. Bilateral
Answer: C
Explanation:
Explanation
Bilateral continuity planning is the type of continuity planning that will enhance the functioning relationship with the organization's key suppliers, creating stronger assurances of continuous supply of information, material product and services. Bilateral continuity planning is the process of developing and maintaining mutual agreements and arrangements between an organization and its key suppliers to ensure the continuity of their respective functions and processes in the event of a disruption. Bilateral continuity planning can help to reduce risks, costs, and dependencies, as well as to improve communication, coordination, and collaboration.
Verified References:
https://www.iso.org/publication/PUB100442.htmlhttps://phoenixnap.com/blog/what-is-business-continuity-mana
NEW QUESTION # 23
Which register maintains information on all the identified risks relating to an organization?
- A. Memory Data Register
- B. Risk register
- C. Index register
- D. Crisis register
Answer: B
Explanation:
Explanation
A risk register is a register that maintains information on all the identified risks relating to an organization. A risk register is a document or a tool that records and tracks the details of each risk, such as its description, source, impact, likelihood, rating, owner, status, response strategy, action plan, and monitoring method. A risk register is a useful tool for managing risks and communicating them to stakeholders. Verified References:
https://www.investopedia.com/terms/r/risk-register.asphttps://www.thebci.org/training-qualifications/good-pract
NEW QUESTION # 24
Which type of risk is related to human error or achievement?
- A. Commercial
- B. Strategic
- C. Operational
- D. Technical
Answer: C
Explanation:
Operational risk is the type of risk that is related to human error or achievement. Operational risk is the uncertainty or variability of the execution or outcome of an organization's functions or processes. Operational risk can result from factors such as inadequate policies, procedures, systems, controls, skills, training, supervision, or compliance. Operational risk can affect an organization's operational efficiency, quality, safety, security, reputation, or profitability. Verified References: https://www.investopedia.com/terms/o
/operational_risk.asphttps://www.thebci.org/training-qualifications/good-practice-guidelines.html
NEW QUESTION # 25
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. Operational
- B. Functional
- C. Technical
- D. Strategic
Answer: D
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 # 26
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