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GAQM CBCP-002 exam is a certification exam designed to test the knowledge and skills of individuals in the field of business continuity planning. CBCP-002 exam covers a wide range of topics related to business continuity, including risk management, disaster recovery, crisis management, and business resumption planning. CBCP-002 Exam is designed to evaluate the candidate's ability to assess and manage risks, develop and implement effective continuity plans, and respond to crises and emergencies.
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GAQM CBCP-002 Certification Exam is an excellent way for professionals to demonstrate their expertise in business continuity planning. Certified Business Continuity Professional (CBCP) certification serves as a testament to an individual's commitment to ensuring business continuity in the face of unexpected events, making them an asset to any organization that values preparedness and resilience.
GAQM Certified Business Continuity Professional (CBCP) Sample Questions (Q37-Q42):
NEW QUESTION # 37
Which register maintains information on all the identified risks relating to an organization?
- A. Memory Data Register
- B. Risk register
- C. Crisis register
- D. Index register
Answer: B
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- practice-guidelines.html
NEW QUESTION # 38
Damage assessment includes all but which of the following steps?
- A. Identifying the affected business functions.
- B. Estimate the time it will take to restore critical business functions.
- C. Evaluating the time to restore operations and if greater than the MTD, a disaster should be declared and BCP enacted
- D. Having the insurance company declare the total extent of the damages.
Answer: D
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 # 39
Which of the following should NOT be released in a publicly released BCP?
- A. Process flows
- B. Contact lists
- C. All of the above
- D. BIA results
Answer: C
Explanation:
Explanation
A publicly released BCP is a version of a business continuity plan that is intended for external audiences, such as customers, suppliers, partners, regulators, media, or the public. It should not contain sensitive or confidential information that may compromise the security or privacy of theorganization or its stakeholders.
Therefore, it should not include process flows that detail how each function or process is performed; contact lists that reveal personal or organizational information; BIA results that show criticality ratings or recovery time objectives; or any other information that may expose vulnerabilities or risks. Verified References:
https://www.ready.gov/business-continuity-planhttps://drii.org/resources/professionalpractices/EN
NEW QUESTION # 40
Which system in place enables you to balance risk and entrepreneurial energy with appropriate internal control procedures to manage that risk?
- A. Corporate Governance
- B. Banking System
- C. Quality Management System
- D. Auditing Report
Answer: A
Explanation:
Corporate governance is the system of rules, practices, and processes by which an organization is directed and controlled. It involves balancing the interests of various stakeholders, such as shareholders, management, customers, suppliers, regulators, and the community. It also enables an organization to balance risk and entrepreneurial energy with appropriate internal control procedures to manage that risk. Effective corporate governance can enhance performance, accountability, transparency, and trust. Verified References:
https://www.investopedia.com/terms/c/corporategovernance.asphttps://www.thebci.org/training-qualifications
/good-practice-guidelines.html
NEW QUESTION # 41
Which type of risk occurs due to volatile environments in which businesses operate and the nature of their operations?
- A. Quality Risk
- B. Auditing Risk
- C. Project Risk
- D. Business Risk
Answer: D
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 # 42
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