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GAQM CBCP-002 Exam Reference | CBCP-002 Detailed Study Plan

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Getting the Certified Business Continuity Professional (CBCP) (CBCP-002) certification is the way to go if you're planning to get into GAQM or want to start earning money quickly. Success in the Certified Business Continuity Professional (CBCP) (CBCP-002) exam of this credential plays an essential role in the validation of your skills so that you can crack an interview or get a promotion in an GAQM company. Many people are attempting the Certified Business Continuity Professional (CBCP) (CBCP-002) test nowadays because its importance is growing rapidly. The product of ExamPrepAway has many different premium features that help you use this product with ease. The study material has been made and updated after consulting with a lot of professionals and getting customers' reviews.

GAQM Certified Business Continuity Professional (CBCP) Sample Questions (Q31-Q36):

NEW QUESTION # 31
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 # 32
Which type of risk occurs due to volatile environments in which businesses operate and the nature of their operations?

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

Answer: A

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 # 33
A disaster can also be declared for an illness pandemic where a significant portion of employees are sick.

A. True
B. False

Answer: A

Explanation:
A disaster can also be declared for an illness pandemic where a significant portion of employees are sick. This is true because an illness pandemic is a type of natural disaster that can affect an organization's ability to continue its normal operations. An illness pandemic can cause absenteeism, reduced productivity, increased costs, supply chain disruptions, customer dissatisfaction, or regulatory compliance issues. Therefore, an organization may need to declare a disaster and activate its business continuity and disaster recovery plan if an illness pandemic impacts its critical functions and processes beyond an acceptable level.
VerifiedReferences: https://www.ready.gov/business-continuity-planhttps://www.csoonline.com/article
/515730/business-continuity-and-disaster-recovery-planning-the-basics.html

NEW QUESTION # 34
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. To increase liability
B. The continuation of a company
C. Compliance with regulations
D. Properly react to disasters

Answer: B

Explanation:
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 as quickly 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 # 35
Which register maintains information on all the identified risks relating to an organization?

A. Memory Data Register
B. Index register
C. Crisis 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 # 36
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