CBCP-002 Reliable Braindumps Files - CBCP-002 Test Questions Answers

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The CBCP-002 certification exam is ideal for professionals who are looking to enhance their skills and knowledge in business continuity planning and management. Certified Business Continuity Professional (CBCP) certification validates the competency of professionals in identifying and managing risks, developing and implementing business continuity plans, and ensuring the continuity of critical business operations in the event of a disruption. Certified Business Continuity Professional (CBCP) certification is particularly relevant for professionals working in industries where business continuity planning and management are critical, such as finance, healthcare, IT, and government.

The CBCP certification exam is open to professionals who have a minimum of two years of experience in business continuity management. Applicants must also have completed a minimum of 35 hours of formal training in business continuity management. CBCP-002 Exam consists of 150 multiple-choice questions and is administered online. Candidates are given three hours to complete the exam.

Businesses are faced with various challenges that can interrupt their operations, including cyber-attacks, natural disasters, and other emergencies. It is essential to have contingency plans in place to ensure that companies can continue to function and provide their services to customers even in the face of adversity. The Certified Business Continuity Professional (CBCP) exam, offered by the Global Association for Quality Management (GAQM), helps professionals acquire the necessary skills to manage and maintain business continuity programs.

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GAQM Certified Business Continuity Professional (CBCP) Sample Questions (Q28-Q33):

NEW QUESTION # 28
Which type of planning requires the commitment of significant financial and human resources for situations that may never even occur?

A. Contingency
B. Operational
C. Review
D. Technical

Answer: A

Explanation:
Explanation
Contingency planning is the type of planning that requires the commitment of significant financial and human resources for situations that may never even occur. Contingency planning is the process of developing alternative courses of action in case the preferred plan fails or an unexpected event occurs. Contingency planning aims to reduce the impact and uncertainty of potential disruptions and ensure the continuity of the organization's functions and processes. Contingency planning can be costly and time-consuming, as it involves identifying risks, analyzing scenarios, developing strategies, testing plans, and maintaining readiness.
Verified References:
https://www.iso.org/publication/PUB100442.htmlhttps://phoenixnap.com/blog/what-is-business-continuity-mana

NEW QUESTION # 29
Risks are diverse and arise from both external and internal sources.

A. False
B. True

Answer: B

Explanation:
Risks are diverse and arise from both external and internal sources. This is true because risks are uncertainties that can have positive or negative effects on an organization's objectives. Risks can arise from various sources that are either outside or inside the organization's control. External sources of risk include natural disasters, cyberattacks, market fluctuations, customer preferences, competition, regulation, or political instability.
Internal sources of risk include human error, fraud, system failure, process inefficiency, organizational culture, or strategic decisions. Verified References: https://www.investopedia.com/terms/b/businessrisk.
asphttps://www.thebci.org/training-qualifications/good-practice-guidelines.html

NEW QUESTION # 30
Which type of risk occurs due to volatile environments in which businesses operate and the nature of their operations?

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

Answer: A

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-practice-guidelines.html

NEW QUESTION # 31
Which risk group is associated with risk of physical assets failing/being damaged or enhanced?

A. Operational
B. Financial
C. Technical
D. Strategic

Answer: C

Explanation:
Explanation
Technical risk is the type of risk that is associated with risk of physical assets failing/being damaged or enhanced. Technical risk is the uncertainty or variability of the performance or reliability of physical assets, such as equipment, systems, infrastructure, or data. Technical risk can result from factors such as design flaws, manufacturing defects, maintenance issues, obsolescence, human error, natural disasters, or cyberattacks.
Technical risk can affect an organization's operational efficiency, quality, safety, security, or profitability.
Verified References:
https://www.investopedia.com/terms/t/technical-risk.asphttps://www.thebci.org/training-qualifications/good-prac

NEW QUESTION # 32
Which type of risks result from business decisions that are influenced by changes in markets, liquidity changes and credit risks?

A. Operational
B. Technical
C. Financial
D. Strategic

Answer: C

Explanation:
Explanation
Financial risks are the risks that result from business decisions that are influenced by changes in markets, liquidity, and credit. Financial risks are the uncertainties or variabilities of the financial performance or position of an organization due to factors such as interest rates, exchange rates, inflation, credit ratings, debt levels, or cash flows. Financial risks can affect an organization's profitability, solvency, liquidity, or valuation.
Verified References:
https://www.investopedia.com/terms/f/financialrisk.asphttps://www.thebci.org/training-qualifications/good-pract

NEW QUESTION # 33
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