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21.
What is the first step that individuals responsible for the development of a business continuity plan should perform?
  • A.
    BCP team selection
  • B.
    Business organization analysis
  • C.
    Resource requirements analysis
  • D.
    Legal and regulatory assessment
  • Answer & Explanation
  • Report
Answer : [B]
Explanation :
The business organization analysis helps the initial planners select appropriate BCP team members and then guides the overall BCP process.
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22.
Once the BCP team is selected, what should be the first item placed on the team’s agenda?
  • A.
    Business impact assessment
  • B.
    Business organization analysis
  • C.
    Resource requirements analysis
  • D.
    Legal and regulatory assessment
  • Answer & Explanation
  • Report
Answer : [B]
Explanation :
The first task of the BCP team should be the review and validation of the business organization analysis initially performed by those individuals responsible for spearheading the BCP effort. This ensures that the initial effort, undertaken by a small group of individuals, reflects the beliefs of the entire BCP team.
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23.
What is the term used to describe the responsibility of a firm’s officers and directors to ensure that adequate measures are in place to minimize the effect of a disaster on the organization’s continued viability?
  • A.
    Corporate responsibility
  • B.
    Disaster requirement
  • C.
    Due diligence
  • D.
    Going concern responsibility
  • Answer & Explanation
  • Report
Answer : [C]
Explanation :
A firm’s officers and directors are legally bound to exercise due diligence in conducting their activities. This concept creates a fiduciary responsibility on their part to ensure that adequate business continuity plans are in place.
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24.
What will be the major resource consumed by the BCP process during the BCP phase?
  • A.
    Hardware
  • B.
    Software
  • C.
    Processing time
  • D.
    Personnel
  • Answer & Explanation
  • Report
Answer : [D]
Explanation :
During the planning phase, the most significant resource utilization will be the time dedicated by members of the BCP team to the planning process itself. This represents a significant use of business resources and is another reason that buy‐in from senior management is essential.
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25.
What unit of measurement should be used to assign quantitative values to assets in the priority identification phase of the business impact assessment?
  • A.
    Monetary
  • B.
    Utility
  • C.
    Importance
  • D.
    Time
  • Answer & Explanation
  • Report
Answer : [A]
Explanation :
The quantitative portion of the priority identification should assign asset values in monetary units.
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