High-quality Latest CBCP-002 Test Dumps and Practical CBCP-002 Reliable Exam Sample & Effective New Certified Business Continuity Professional (CBCP) Exam Test
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As businesses face increasing threats from natural disasters, cyber attacks, and other disruptions, the need for professionals skilled in business continuity planning has become more urgent than ever before. The GAQM CBCP-002 Certification Exam is one of the most prestigious and sought-after certifications for individuals seeking to prove their business continuity planning skills and expertise.
GAQM Certified Business Continuity Professional (CBCP) Sample Questions (Q36-Q41):
NEW QUESTION # 36
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?
Answer: A
NEW QUESTION # 37
Which type of risks result from business decisions that are influenced by changes in markets, liquidity changes and credit risks?
Answer: D
Explanation:
Financial risks are the risks that result from business decisions that are influenced by changes in markets, liquidity, and credit. Financial risks are the uncertainties or variabilities of the financial performance or position of an organization due to factors such as interest rates, exchange rates, inflation, credit ratings, debt levels, or cash flows. Financial risks can affect anorganization's profitability, solvency, liquidity, or valuation.
Verified References: https://www.investopedia.com/terms/f/financialrisk.asphttps://www.thebci.org/training- qualifications/good-practice-guidelines.html
NEW QUESTION # 38
BIA stands for
Answer: D
Explanation:
Explanation
Business impact analysis (BIA) is the process of identifying and prioritizing the organization's functions and processes based on their importance to the organization's objectives, and assessing the potential impacts of a disruption to those functions and processes over time. The BIA helps to determine the recovery time objectives (RTOs), recovery point objectives (RPOs), and resource requirements for each function and process, as well as the interdependencies and dependencies among them. The BIA provides the basis for developing recovery strategies and plans. Verified References:
https://www.ready.gov/business-impact-analysishttps://drii.org/resources/professionalpractices/EN
NEW QUESTION # 39
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 # 40
In the event of a disaster that destroys the physical office site operations will be relocated to a temporary site.
Answer: B
Explanation:
In the event of a disaster that destroys the physical office site operations will be relocated to a temporary site.
This is true because one of the recovery strategies for a disaster is to have an alternate site where the critical functions and processes can be resumed until the primary site is restored or replaced. The alternate site can be a pre-arranged location, such as a rented office space, a hotel, or another branch of the same organization, or a mobile facility, such as a trailer or a container. The alternate site should have the necessary equipment, systems, data, and resources to support the continuity of the business. 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 # 41
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