GAQM CBCP-002 Reliable Exam Simulator | Valid CBCP-002 Exam Sims
GAQM CBCP-002 Reliable Exam Simulator | Valid CBCP-002 Exam Sims
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GAQM CBCP-002 (Certified Business Continuity Professional) certification exam is designed for professionals who are responsible for business continuity planning and management in organizations of all sizes. Certified Business Continuity Professional (CBCP) certification is recognized globally and demonstrates expertise and knowledge in business continuity planning, disaster recovery, risk management, and crisis management. Certified Business Continuity Professional (CBCP) certification exam covers a range of topics including business continuity management, risk assessment and analysis, emergency response and crisis management, and business continuity training and awareness.
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GAQM Certified Business Continuity Professional (CBCP) Sample Questions (Q41-Q46):
NEW QUESTION # 41
Which of the following are the four T's of risk guidance produced by by the Office of Government Commerce? (choose four)
- A. Title
- B. Treat
- C. Tolerate
- D. Terminate
- E. Technique
- F. Transfer
Answer: B,C,D,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 # 42
Damage assessment includes all but which of the following steps?
- A. Estimate the time it will take to restore critical business functions.
- B. Having the insurance company declare the total extent of the damages.
- C. Evaluating the time to restore operations and if greater than the MTD, a disaster should be declared and BCP enacted
- D. Identifying the affected business functions.
Answer: B
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/professionalpractices/EN
NEW QUESTION # 43
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
NEW QUESTION # 44
Which of the following four are action approach crisis and post-crisis management? (Choose four R's)
- A. Recovery
- B. Reduction
- C. Response
- D. Readiness
- E. Rss Feed
- F. Rustic
Answer: A,B,C,D
Explanation:
Explanation
The four R's are action approaches for crisis and post-crisis management. They are:
Reduction: This approach aims to prevent or mitigate the occurrence or impact of a crisis by identifying and addressing the root causes, vulnerabilities, and risks.
Readiness: This approach aims to prepare for a potential crisis by developing plans, policies, procedures, systems, teams, and resources that can enable a timely and effective response.
Response: This approach aims to manage a crisis by activating the plans, policies, procedures, systems, teams, and resources that can contain, control, and resolve the situation.
Recovery: This approach aims to restore normal operations after a crisis by implementing actions that can repair damages, restore functions and processes, resume services and products, recover losses, and learn lessons. Verified References:
https://www.cisco.com/c/en/us/solutions/hybrid-work/what-is-business-continuity.html
https://phoenixnap.com/blog/what-is-business-continuity-management
NEW QUESTION # 45
Risks are diverse and arise from both external and internal sources.
- A. True
- B. False
Answer: A
Explanation:
Explanation
Risks are diverse and arise from both external and internal sources. This is true because risks are uncertainties that can have positive or negative effects on an organization's objectives. Risks can arise from various sources that are either outside or inside the organization's control. External sources of risk include natural disasters, cyberattacks, market fluctuations, customer preferences, competition, regulation, or political instability.
Internal sources of risk include human error, fraud, system failure, process inefficiency, organizational culture, or strategic decisions. Verified References:
https://www.investopedia.com/terms/b/businessrisk.asphttps://www.thebci.org/training-qualifications/good-pract
NEW QUESTION # 46
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