Quiz 2025 Unparalleled GAQM Vce CBCP-002 Files

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GAQM Certified Business Continuity Professional (CBCP) Sample Questions (Q27-Q32):

NEW QUESTION # 27
Which type of risk is related to human error or achievement?

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

Answer: A

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 # 28
Damage assessment includes all but which of the following steps?

A. Identifying the affected business functions.
B. Evaluating the time to restore operations and if greater than the MTD, a disaster should be declared and BCP enacted
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:
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 # 29
Which type of risk occurs due to volatile environments in which businesses operate and the nature of their operations?

A. Quality Risk
B. Business Risk
C. Auditing Risk
D. Project Risk

Answer: B

Explanation:
Explanation
Business risk is the risk of loss or damage to an organization's performance, reputation, assets, or stakeholders due to internal or external factors that affect its ability to achieve its objectives. Business risk can arise from various sources, such as market conditions, customer preferences, competition, technology, regulation, compliance, operations, finance, human resources, or natural disasters. Business risk can have a direct or indirect impact on an organization's profitability, growth, sustainability, or continuity. Verified References:
https://www.investopedia.com/terms/b/businessrisk.asphttps://www.thebci.org/training-qualifications/good-pract

NEW QUESTION # 30
Tolerating risk is where no action is taken to mitigate or reduce a risk.

A. False
B. True

Answer: B

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-practice-guidelines.html

NEW QUESTION # 31
Which type of planning requires the commitment of significant financial and human resources for situations that may never even occur?

A. Contingency
B. Operational
C. Technical
D. Review

Answer: A

Explanation:
Explanation
Contingency planning is the type of planning that requires the commitment of significant financial and human resources for situations that may never even occur. Contingency planning is the process of developing alternative courses of action in case the preferred plan fails or an unexpected event occurs. Contingency planning aims to reduce the impact and uncertainty of potential disruptions and ensure the continuity of the organization's functions and processes. Contingency planning can be costly and time-consuming, as it involves identifying risks, analyzing scenarios, developing strategies, testing plans, and maintaining readiness.
Verified References:
https://www.iso.org/publication/PUB100442.htmlhttps://phoenixnap.com/blog/what-is-business-continuity-mana

NEW QUESTION # 32
......

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Quiz 2025 Unparalleled GAQM Vce CBCP-002 Files

Test GAQM CBCP-002 Prep - CBCP-002 Dump Torrent

GAQM Certified Business Continuity Professional (CBCP) Sample Questions (Q27-Q32):

Vce CBCP-002 Files - Efficient Test CBCP-002 Prep and First-Grade Certified Business Continuity Professional (CBCP) Dump Torrent

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