2023 New Training Course CBCP-002 Tutorial Preparation Guide [Q14-Q31]

QUESTION 14
A formal “disaster” can only be declared by the firm owners or by the IT Department Manager.

QUESTION 15
Which register maintains information on all the identified risks relating to an organization?

QUESTION 16
Which type of risks result from business decisions that are influenced by changes in markets, liquidity changes and credit risks?

QUESTION 17
Tolerating risk is where no action is taken to mitigate or reduce a risk.

QUESTION 18
Which of the following exercises involve all teams?

QUESTION 19
Which system in place enables you to balance risk and entrepreneurial energy with appropriate internal control procedures to manage that risk?

QUESTION 20
Which statement is authorized at an appropriate level and should codify the company’s attitude to a particular risk?

QUESTION 21
A disaster can also be declared for an illness pandemic where a significant portion of employees are sick.

QUESTION 22
Which of the following are three components of business continuity plan? (Choose three)

QUESTION 23
Risk ownership must be clearly set out, documented and agreed with the individual owners at all levels of the operational risk management process.

QUESTION 24
In pre-crisis management, CM activities are focused on prevention and preparedness activities.

QUESTION 25
Which of the following should NOT be released in a publicly released BCP?

QUESTION 26
Which of the following four are action approach crisis and post-crisis management? (Choose four R’s)

QUESTION 27
Individual accountability for the management of the risk should be clearly established.

QUESTION 28
Which type of risk is related to human error or achievement?

QUESTION 29
Which type of planning requires the commitment of significant financial and human resources for situations that may never even occur?