Question 1

Protecting a company's brand should not be factored into the BIA since it is hard to quantify.

Accepted Answer

A) True 
 B)False

Question 2

While preparing your risk responses, additional risks are identified. What is correct course of action?

Accepted Answer

A)  Add reserves to the business continuity project to accommodate the new risks and notify management
B)  Document risk items and calculate expected monetary value based on probability and impact that result from the occurrences
C)  Determine the risk events and associated cost. Then add the cost to project budget as reserve
D)  Add contingency amount to the budget and notify customers.
E)  All of the above

Question 3

Annualized rate of occurrence (ARO) is a measure of the magnitude of loss or impact on the value of an asset. It is expressed as a percent of asset value loss arising from a threat event.

Accepted Answer

A) True 
 B)False

Question 4

Both impact and probability can be mitigated.

Accepted Answer

A) True 
 B)False  True

Question 5

What is the key to data collection via interviews in the BIA process?

Accepted Answer

A)  Meet with as many people as possible
B)  Consistent format
C)  Never be late
D)  Video tape the interview
E)  Use a tabletop exercise D

Question 6

Which of the following can be impacted by an incident?

Accepted Answer

A)  Employee morale
B)  Brand
C)  Facilities
D)  Stakeholder confidence
E)  All of the Above A,B,D

Exam 2: Business impact analysis (BIA)

Protecting a company's brand should not be factored into the BIA since it is hard to quantify.

Correct Answer
verified

While preparing your risk responses, additional risks are identified. What is correct course of action?

Correct Answer
verified

Annualized rate of occurrence (ARO) is a measure of the magnitude of loss or impact on the value of an asset. It is expressed as a percent of asset value loss arising from a threat event.

Correct Answer
verified

Both impact and probability can be mitigated.

Correct Answer
verified
True

What is the key to data collection via interviews in the BIA process?

Correct Answer
verified
D

Which of the following can be impacted by an incident?

Correct Answer
verified
A,B,D

Exam 2: Business impact analysis (BIA)

Protecting a company's brand should not be factored into the BIA since it is hard to quantify.

Correct AnswerverifiedShow Answer

While preparing your risk responses, additional risks are identified. What is correct course of action?

Correct AnswerverifiedShow Answer

Annualized rate of occurrence (ARO) is a measure of the magnitude of loss or impact on the value of an asset. It is expressed as a percent of asset value loss arising from a threat event.

Correct AnswerverifiedShow Answer

Both impact and probability can be mitigated.

Correct AnswerverifiedTrue

What is the key to data collection via interviews in the BIA process?

Correct AnswerverifiedD

Which of the following can be impacted by an incident?

Correct AnswerverifiedA,B,D

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
True

Correct Answer
verified
D

Correct Answer
verified
A,B,D