Q11. Which type of risk occurs due to volatile environments in which businesses operate and the nature of their operations?

Q12. Which of the following are the four T’s of risk guidance produced by by the Office of Government Commerce? (choose four)

Q13. Which Process can be both time consuming and expensive as a result, management will expect tangible benefits to be achieved by the process?

Q14. Which of the following four are action approach crisis and post-crisis management? (Choose four R’s)

Q15. Which type of continuity planning will enhance the functioning relationship with the organization’s key suppliers, creating stronger assurances of continuous supply of information, material product and services?

Q16. A disaster can also be declared for an illness pandemic where a significant portion of employees are sick.

Q17. When should the Business Continuity Planning be reviewed?

Q18. A consultant is a person who borrows your watch to tell you the time, charges you for doingso and then sells you back your watch.

Q19. 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?

Q20. Which system in place enables you to balance risk and entrepreneurial energy with appropriate internal control procedures to manage that risk?

Q21. Individual accountability for the management of the risk should be clearly established.

Q22. Which type of risks result from business decisions that are influenced by changes in markets, liquidity changes and credit risks?

Q23. BIA helps you identify

Q24. There are several reasons why a company would develop and implement a business continuity plan. Which of the following properly describes the best reason?

Q25. Which of the following is a low-pressure exercise that uses presentation techniques including videos, slides, and handouts, so that participants fully understand their plans?

Q26. A formal “disaster” can only be declared by the firm owners or by the IT Department Manager.