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GAQM CBCP-002 Actual Exam Dumps & Pdf CBCP-002 Free

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GAQM Certified Business Continuity Professional (CBCP) Sample Questions (Q38-Q43):

NEW QUESTION # 38
Which of the following four are action approach crisis and post-crisis management? (Choose four R's)

A. Reduction
B. Recovery
C. Rss Feed
D. Response
E. Rustic
F. Readiness

Answer: A,B,D,F

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 # 39
Which control mechanism is the process by which an organization reduces the likelihood of a risk event occurring or mitigates the effects should it occur?

A. Risk avoidance
B. Risk control
C. Risk variation
D. Risk collision

Answer: B

Explanation:
Risk control is the control mechanism that is the process by which an organization reduces the likelihood of a risk event occurring or mitigates the effects should it occur. Risk control is the process of implementing measures or actions to modify or influence the risk level of an organization. Risk control can involve various strategies, such as avoidance, reduction, transfer, sharing, retention, or acceptance. Risk control can help to improve the organization's resilience and performance. Verified References: https://www.investopedia.com
/terms/r/risk-control.asphttps://www.thebci.org/training-qualifications/good-practice-guidelines.html

NEW QUESTION # 40
Which type of risks result from business decisions that are influenced by changes in markets, liquidity changes and credit risks?

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

Answer: A

Explanation:
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 an organization's profitability, solvency, liquidity, or valuation.
Verified References:
https://www.investopedia.com/terms/f/financialrisk.asphttps://www.thebci.org/training-qualifications/good-pract

NEW QUESTION # 41
Which of the following exercises involve all teams?

A. Facilitated discussion
B. Multi-team simulation
C. Plan walkthrough
D. Full-scale exercise

Answer: D

Explanation:
A full-scale exercise is a type of exercise that involves all teams. A full-scale exercise is a high-pressure exercise that simulates a realistic scenario of a disruption that affects all or most of the organization's functions and processes. A full-scale exercise tests the effectiveness and efficiency of the plans, procedures, systems, teams, and resources that are required to respond to and recover from a disruption. A full-scale exercise also evaluates the coordination and communication among all the teams and stakeholders involved.
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 # 42
Which Process can be both time consuming and expensive as a result, management will expect tangible benefits to be achieved by the process?

A. Business Contingency Planning
B. Business Continuity Planning
C. Business Process Planning
D. Business Ethical Planning

Answer: B

Explanation:
Explanation
Business continuity planning is the process of identifying, developing, and implementing strategies and plans to ensure the continuity of an organization's critical functions and processes in the event of a disruption. It can be both time consuming and expensive, as it requires a thorough analysis of risks, impacts, resources, and recovery options. However, management will expect tangible benefits from the process, such as reduced losses, increased resilience, improved reputation, and compliance with regulations. Verified References:
https://www.ready.gov/business-continuity-plan https://drii.org/resources/professionalpractices/EN

NEW QUESTION # 43
......

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