Bcp elements Study guides, Class notes & Summaries

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Business Continuity Planning (BCP) - Answer Undertaken to reduce risks related to the onset of disasters and other disruptive events BCP activities identify risks and mitigate those risks through changes or enhancements in technology or business processes - The impact of disasters is reduced and the time to recovery is lessened Improve chances that the organization will survive a disaster without incurring costly or even fatal damage to its most critical activities The activities for...

Section 4: Quiz 40 - Business Continuity Plan Questions and Answers 2023 A BCP test that simulates a system crash and is performed on different aspects of the plan in a cost-effective manner is: A. a full operational test B. a paper test C. a walkthrough test D. a preparedness test Answer: D. A preparedness test. Explanation: In a preparedness test, by means of a simulated system crash, preparedness is verified in a localized environment. This is a cost-effective way to determine the ...

ARM 400 Test Questions with Correct Answers SRP stages - Answer--emergency stage -alternative marketing stage -contingency production stage -communication stage strategic redeployment plan - Answer-determines how to resume operations in a way that repairs an org's reputation and ensures its recovery and survival; when BCPs fail BCP elements - Answer--time goal -operational goal -resources needed -details tasks and procedures -documentation risk-transfer model - Answer-purchasin...

SRP stages - correct answer --emergency stage -alternative marketing stage -contingency production stage -communication stage strategic redeployment plan - correct answer -determines how to resume operations in a way that repairs an org's reputation and ensures its recovery and survival; when BCPs fail BCP elements - correct answer --time goal -operational goal -resources needed -details tasks and procedures -documentation risk-transfer model - correct answer -purchasing BI insu...

What are the 3 Risk Identification elements? Assets, exposure, losses What are 3 factors in a cost/benefit analysis? 1) Cost, 2) Reliability - evidence of the benefits for example benchmarking, 3) Delay, meaning the costs of time to make it operational. Basic methods of field work Observing, questioning, analyzing, verifying, investigating, evaluating 6 Processes in BCP process. 1) Readiness, 2) prevention, 3) response, 4) recovery/resumption, 5) test and train, 6) evaluation and maintena...

ACH -Correct Answer Automated Clearing House ACH Network -Correct Answer Backbone for the electronic movement of money and data, a processing and delivery system that provides for the distribution and settlement among financial institutions of electronic credits and debits, as well as, non-monetary entries with payment related information ACH Operator -Correct Answer Central clearing facility that receives entries from the ODFIs and distributes the entries to the appropriate Receiving Depo...

Business Continuity Planning Questions with solutions 2023 Business Continuity Planning (BCP) Undertaken to reduce risks related to the onset of disasters and other disruptive events BCP activities identify risks and mitigate those risks through changes or enhancements in technology or business processes - The impact of disasters is reduced and the time to recovery is lessened Improve chances that the organization will survive a disaster without incurring costly or even fatal damage to ...

Business Continuity 1 Questions with complete solution 2023/2024Business Continuity Plans (BCP) - correct answer An organizations ability to maintain critical business functions (CBFs) after a disruptive event BCP provides a plan to ensure the CBFs continue to operate even if disruptions happens Major Risk Mitigation Plans - correct answer Business continuity readiness involves: Business continuity planning (BCP) -Business impact analysis (BIA) -Disaster recovery planning (DRP) -Inci...

business continuity Questions and Answers Graded A+ All that Apply Select all that apply. Examples of different testing methodologies of your institution's BCP include: Tabletop exercise Walk-through simulation Functional drill test Full interruption test Incorrect. The correct answers are A, B, C, and D. Multiple Choice "Business continuity" refers to your institution's: "Ability to effectively respond to a business interruption and return to performing its critical functio...