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GAQM CBCP-002 Exam consists of 150 multiple-choice questions that must be completed within 180 minutes. CBCP-002 exam is available in multiple languages and can be taken online or at a testing center. To be eligible for the exam, candidates must have at least two years of experience in business continuity planning or a related field. Upon passing the exam, candidates will receive the Certified Business Continuity Professional (CBCP) certification, which is recognized globally as a standard of excellence in the field of business continuity planning and management.
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NEW QUESTION # 15
BIA helps you identify
Answer: C
Explanation:
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 tothe 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 # 16
Which of the following are the four T's of risk guidance produced by by the Office of Government Commerce? (choose four)
Answer: A,B,C,F
Explanation:
The four T's of risk guidance produced by the Office of Government Commerce are transfer, tolerate, treat, and terminate. They are:
* Transfer: This strategy involves transferring or sharing some or all of the responsibility or impact of a risk to another party, such as an insurer, a supplier, or a partner.
* Tolerate: This strategy involves 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.
* Treat: This strategy involves taking steps to reduce the likelihood or impact of a risk to an acceptable level, such as implementing controls, mitigations, or contingency plans.
* Terminate: This strategy involves eliminating or avoiding a risk by discontinuing or changing the activity that causes it. Verified References:https://www.investopedia.com/terms/t/the-four-ts.asp
https://www.thebci.org/training-qualifications/good-practice-guidelines.html
NEW QUESTION # 17
When should the Business Continuity Planning be reviewed?
Answer: A
Explanation:
Business continuity planning is not a one-time activity, but a dynamic and ongoing process that needs to be reviewed and updated regularly to reflect changes in the internal and external environment. The frequency of review may vary depending on the nature and size of the organization, but it is generally recommended to conduct a review at least annually or whenever significant changes occur that may affect the continuity of the organization's functions and processes. Such changes may include organizational restructuring, new products or services, new technologies, new regulations, new threats or vulnerabilities, or lessons learned from incidents or exercises. Verified References: https://www.ready.gov/business-continuity-planhttps://drii.org
/resources/professionalpractices/EN
NEW QUESTION # 18
Risk ownership must be clearly set out, documented and agreed with the individual owners at all levels of the operational risk management process.
Answer: B
Explanation:
Risk ownership must be clearly set out, documented and agreed with the individual owners at all levels of the operational risk management process. This is true because risk ownership is one of the key principles of business continuity management. Risk ownership means that each risk has a designated person who is responsible and accountable for its identification, assessment, treatment, monitoring, and reporting. Risk owners should have the authority and resources to manage their risks effectively and efficiently. Verified References: https://www.iso.org/publication/PUB100442.htmlhttps://www.thebci.org/training-qualifications
/good-practice-guidelines.html
NEW QUESTION # 19
When should the Business Continuity Planning be reviewed?
Answer: A
Explanation:
Explanation
Business continuity planning is not a one-time activity, but a dynamic and ongoing process that needs to be reviewed and updated regularly to reflect changes in the internal and external environment. The frequency of review may vary depending on the nature and size of the organization, but it is generally recommended to conduct a review at least annually or whenever significant changes occur that may affect the continuity of the organization's functions and processes. Such changes may include organizational restructuring, new products or services, new technologies, new regulations, new threats or vulnerabilities, or lessons learned from incidents or exercises. Verified References:
https://www.ready.gov/business-continuity-planhttps://drii.org/resources/professionalpractices/EN
NEW QUESTION # 20
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