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GAQM Certified Business Continuity Professional (CBCP) Sample Questions (Q37-Q42):

NEW QUESTION # 37
Which type of risk occurs due to volatile environments in which businesses operate and the nature of their operations?

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

Answer: C

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-practice-guidelines.html

NEW QUESTION # 38
Which register maintains information on all the identified risks relating to an organization?

A. Risk register
B. Crisis register
C. Index register
D. Memory Data Register

Answer: A

Explanation:
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-pract

NEW QUESTION # 39
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. Bilateral
C. Unilateral

Answer: B

NEW QUESTION # 40
In the event of a disaster, notification shall be given to each employee by either the HR Department Manager or through the firm's emergency notice system.

A. True
B. False

Answer: A

Explanation:
Explanation
In the event of a disaster, notification shall be given to each employee by either the HR Department Manager or through the firm's emergency notice system. This is true because communication is a vital component of any disaster recovery and business continuity plan. Employees need to be informed of the situation, their roles and responsibilities, and the actions they need to take to ensure their safety and the continuity of the business.
The HR Department Manager or the emergency notice system are the designated channels for communicating with employees during a disaster. Verified References:
https://www.ready.gov/business-continuity-planhttps://www.csoonline.com/article/515730/business-continuity-a

NEW QUESTION # 41
Which risk group is associated with risk of physical assets failing/being damaged or enhanced?

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

Answer: D

Explanation:
Technical risk is the type of risk that is associated with risk of physical assets failing/being damaged or enhanced. Technical risk is the uncertainty or variability of the performance or reliability of physical assets, such as equipment, systems, infrastructure, or data. Technical risk can result from factors such as design flaws, manufacturing defects, maintenance issues, obsolescence, human error, natural disasters, or cyberattacks. Technical risk can affect an organization's operational efficiency, quality, safety, security, or profitability. Verified References: https://www.investopedia.com/terms/t/technical-risk.asphttps://www.thebci.
org/training-qualifications/good-practice-guidelines.html

NEW QUESTION # 42
......

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GAQM Certified Business Continuity Professional (CBCP) Sample Questions (Q37-Q42):

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