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CBCP-002 Original Questions: Certified Business Continuity Professional (CBCP) & CBCP-002 Answers Real Questions & CBCP-002 Exam Cram

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The CBCP certification exam has been designed to meet the current market requirements of disaster management professionals. CBCP-002 Exam validates the professional's hands-on experience and expertise in implementing and designing business continuity plans. By holding the CBCP certification, professionals can demonstrate their commitment to their careers and their organization's preparedness. Also, this certification is proof of the professional's competence, reliability and offers better career opportunities.

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GAQM Certified Business Continuity Professional (CBCP) Sample Questions (Q15-Q20):

NEW QUESTION # 15
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 collision
B. Risk control
C. Risk variation
D. Risk avoidance

Answer: B

Explanation:
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-practi

NEW QUESTION # 16
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:
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/go

NEW QUESTION # 17
Which register maintains information on all the identified risks relating to an organization?

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

Answer: D

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 # 18
Which statement is authorized at an appropriate level and should codify the company's attitude to a particular risk?

A. QMS Document
B. Process Document
C. Policy Statement
D. Privacy Statement

Answer: C

Explanation:
Explanation
A policy statement is a statement that is authorized at an appropriate level and should codify the company's attitude to a particular risk. A policy statement is a document that defines the scope, objectives, principles, roles, and responsibilities of a business continuity management program. It should also express the organization's commitment to managing risks and ensuring continuity of its critical functions and processes. A policy statement should be approved by senior management and communicated to all relevant stakeholders.
Verified References:
https://www.iso.org/publication/PUB100442.htmlhttps://phoenixnap.com/blog/what-is-business-continuity-mana

NEW QUESTION # 19
Tolerating risk is where no action is taken to mitigate or reduce a risk.

A. False
B. True

Answer: B

Explanation:
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-practic

NEW QUESTION # 20
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