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CBCP-002 Exam Guide & Test CBCP-002 Result
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GAQM Certified Business Continuity Professional (CBCP) Sample Questions (Q31-Q36):
NEW QUESTION # 31
Which type of risk occurs due to volatile environments in which businesses operate and the nature of their operations?
- A. Project Risk
- B. Auditing Risk
- C. Business Risk
- D. Quality Risk
Answer: C
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 # 32
There are several reasons why a company would develop and implement a business continuity plan. Which of the following properly describes the best reason?
- A. Properly react to disasters
- B. The continuation of a company
- C. Compliance with regulations
- D. To increase liability
Answer: B
Explanation:
The primary reason for developing and implementing a business continuity plan is to ensure the continuation of a company's critical functions and processes in the face of a disruption that may otherwise cause severe losses or damage to the company's reputation, assets, customers, or stakeholders. A business continuity plan can help a company to resume operations asquickly as possible after a disruption, minimize the impact on its performance and profitability, protect its brand and image, and fulfill its legal and contractual obligations.
Verified References: https://www.ready.gov/business-continuity-planhttps://drii.org/resources
/professionalpractices/EN
NEW QUESTION # 33
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. False
- B. True
Answer: B
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 # 34
Which type of risk is related to human error or achievement?
- A. Strategic
- B. Commercial
- C. Technical
- D. Operational
Answer: D
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 # 35
Which of the following are three components of business continuity plan? (Choose three)
- A. Problem management
- B. Disaster recovery
- C. Business recovery
- D. Incident management
- E. Emergency response
Answer: B,C,E
Explanation:
A Business Continuity Plan (BCP) is designed to ensure an organization can maintain or resume critical functions during and after a disruption. According to Business Continuity Professional standards, such as those from DRI International and ISO 22301, the BCP typically encompasses three core components that address different phases of response and recovery:
* A. Emergency response: This component focuses on the immediate actions taken during a disruption (e.g., evacuation, safety measures, and initial coordination). It is a foundational part of the BCP, ensuring personnel and asset safety as a prerequisite to continuity and recovery efforts.
* B. Incident management: While incident management (handling and resolving incidents) is critical in broader crisis management frameworks, it is often considered a distinct process under an Incident Response Plan (IRP) rather than a core BCP component. It overlaps with BCP but is not universally listed as one of the three primary elements.
* C. Problem management: This is an IT service management process (e.g., under ITIL) focused on identifying and resolving the root causes of incidents. It is not a standard component of a BCP, which prioritizes continuity and recovery over long-term problem resolution.
* D. Business recovery: This involves restoring critical business functions and processes after a disruption, ensuring the organization can resume normal operations. It is a central pillar of the BCP, addressing recovery time objectives (RTOs) and operational continuity.
* E. Disaster recovery: This focuses on recovering IT systems, data, and infrastructure following a disaster. Often integrated into the BCP, it ensures technological continuity, making it a key component alongside business recovery and emergency response.
The verified answer isA. Emergency response, D. Business recovery, E. Disaster recovery, as these three components collectively cover the lifecycle of a BCP-immediate response, business function restoration, and IT recovery-per established standards. While incident management is related, it is typically supplementary rather than a core BCP element when narrowed to three components.
References:
* DRI International Professional Practices for Business Continuity Management (2023), Section 6:
Business Continuity Plan Development - Identifies emergency response, business recovery, and disaster recovery as key BCP components.
* ISO 22301:2019, Clause 8.4 - Outlines planning for response (emergency), continuity (business recovery), and IT recovery (disaster recovery) as integral to BCP.
NEW QUESTION # 36
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