Exam Dumps CBCP-002 Practice Free Latest GAQM Practice Tests [Q23-Q46]

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Exam Dumps CBCP-002 Practice Free Latest GAQM Practice Tests

CBCP-002 Exam Questions | Real CBCP-002 Practice Dumps

GAQM CBCP-002 (Certified Business Continuity Professional) certification exam is a globally recognized certification program designed to validate the knowledge, skills, and expertise of professionals in the field of business continuity. Certified Business Continuity Professional (CBCP) certification is intended for individuals who are responsible for developing and implementing business continuity plans in their organizations, as well as those who are involved in risk management, disaster recovery, and crisis management.

Q23. When should the Business Continuity Planning be reviewed?

Whenever encountering a disaster

At least annually or whenever significant changes occur

Whenever the company gets audited

Whenever the legal department declares it is time

Q24. 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?

Multilateral

Bilateral

Unilateral

Continuity planning with external stakeholders, such as key suppliers, is essential to ensure the uninterrupted flow of information, materials, products, and services during disruptions. The type of continuity planning determines the nature of the relationship and coordination with these suppliers:
* Multilateral: This involves multiple parties (e.g., an organization and several suppliers or partners) working together in a coordinated plan. While multilateral planning can enhance collaboration across a broad network, it is complex and not specifically tailored to strengthening individual supplier relationships, which is the focus of this question.
* Bilateral: This refers to a two-party agreement or plan between the organization and a specific supplier.
Bilateral continuity planning fosters a direct, functioning relationship with key suppliers, enabling mutual understanding, aligned recovery strategies, and stronger assurances of continuous supply. It is the most effective approach for building robust, one-on-one supplier relationships, as it allows for tailored coordination and commitments.
* Unilateral: This is a one-sided plan where the organization develops its continuity strategy without direct supplier involvement. While it may address internal resilience, it does not enhance the functioning relationship with suppliers or provide assurances of their continuity, making it inadequate for this purpose.
The correct answer isB. Bilateral, as it directly enhances the relationship with key suppliers through mutual planning and coordination, ensuring a continuous supply chain. This aligns with Business Continuity Professional practices that emphasize collaboration with critical external dependencies.
References:
* DRI International Professional Practices for Business Continuity Management (2023), Section 4:
Business Impact Analysis and Risk Assessment – Highlights the importance of engaging key suppliers in continuity planning.
* ISO 22301:2019, Clause 8.2.3 – Emphasizes identifying and managing dependencies, including suppliers, through coordinated planning.

Q25. Tolerating risk is where no action is taken to mitigate or reduce a risk.

True

False

Q26. Damage assessment includes all but which of the following steps?

Identifying the affected business functions.

Estimate the time it will take to restore critical business functions.

Having the insurance company declare the total extent of the damages.

Evaluating the time to restore operations and if greater than the MTD, a disaster should be declared and BCP enacted

Q27. Which Process can be both time consuming and expensive as a result, management will expect tangible benefits to be achieved by the process?

Business Continuity Planning

Business Contingency Planning

Business Ethical Planning

Business Process Planning

Q28. A formal “disaster” can only be declared by the firm owners or by the IT Department Manager.

True

False

Q29. Risk ownership must be clearly set out, documented and agreed with the individual owners at all levels of the operational risk management process.

True

False

Q30. Which certification centre provides the physical infrastructure?

Facility

Service

Q31. Which of the following are the four T’s of risk guidance produced by by the Office of Government Commerce? (choose four)

Transfer

Tolerate

Title

Treat

Terminate

Technique

Q32. Which of the following exercises involve all teams?

Full-scale exercise

Multi-team simulation

Facilitated discussion

Plan walkthrough

Q33. Risks are diverse and arise from both external and internal sources.

True

False

Q34. Which statement is authorized at an appropriate level and should codify the company’s attitude to a particular risk?

Privacy Statement

Process Document

QMS Document

Policy Statement

Q35. Which of the following are three components of business continuity plan? (Choose three)

Emergency response

Incident management

Problem management

Business recovery

Disaster recovery

Q36. Which of the following should NOT be released in a publicly released BCP?

Process flows

Contact lists

BIA results

All of the above

Q37. Which type of risk occurs due to volatile environments in which businesses operate and the nature of their operations?

Quality Risk

Auditing Risk

Business Risk

Project Risk

Q38. Which risk group is associated with risk of physical assets failing/being damaged or enhanced?

Operational

Technical

Strategic

Financial

Q39. Which certification centre provides the physical infrastructure?

Facility

Service

Q40. Which type of planning requires the commitment of significant financial and human resources for situations that may never even occur?

Operational

Technical

Contingency

Review

Q41. Which of the following are the four T’s of risk guidance produced by by the Office of Government Commerce? (choose four)

Transfer

Tolerate

Title

Treat

Terminate

Technique

Q42. 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?

Virtualization

Single team simulation

Facilitated discussion

Plan walkthrough

Q43. Which of the following exercises involve all teams?

Full-scale exercise

Multi-team simulation

Facilitated discussion

Plan walkthrough

Q44. Which type of risk is related to human error or achievement?

Commercial

Strategic

Technical

Operational

Q45. Damage assessment includes all but which of the following steps?

Evaluating the time to restore operations and if greater than the MTD, a disaster should be declared and BCP enacted

Identifying the affected business functions.

Having the insurance company declare the total extent of the damages.

Estimate the time it will take to restore critical business functions.

Q46. What is the frequency of BCP testing for critical processes?

Annually

Quarterly

As per calendar planned at beginning of the year

Half-yearly

The frequency of BCP testing for critical processes is a fundamental aspect of ensuring a plan remains effective and relevant. Business Continuity Professional standards, such as those from DRI International and ISO 22301, provide guidance on testing frequency based on the criticality of processes and organizational needs.
* Annually: Industry standards recommend that critical processes undergo comprehensive BCP testing at least once a year. This ensures that plans are validated, personnel are trained, and any gaps or changes in the business environment are addressed. Annual testing is considered a baseline requirement for maintaining resilience, particularly for critical functions that, if disrupted, could severely impact the organization.
* Quarterly: While more frequent testing (e.g., quarterly) may be appropriate for highly dynamic environments or specific high-risk processes, it is not a universal requirement for all critical processes.
Quarterly testing is typically reserved for specific scenarios or as part of a progressive testing strategy rather than a standard frequency.
* As per calendar planned at beginning of the year: This option implies a flexible schedule, but it lacks specificity and does not align with standardized recommendations. Testing should follow a defined frequency rather than an arbitrary calendar plan unless explicitly tied to a standard (e.g., annual).
* Half-yearly: Semi-annual testing (every six months) may be adopted by some organizations for additional assurance, but it exceeds the minimum standard requirement of annual testing for critical processes unless specified by organizational policy or regulatory mandates.
The verified answer,A. Annually, reflects the widely accepted minimum frequency for testing critical processes as per Business Continuity Professional guidelines. However, organizationsmay increase frequency based on risk assessments or regulatory requirements, though this is not the default expectation.
References:
* DRI International Professional Practices for Business Continuity Management (2023), Section 9:
Testing and Exercising – Recommends annual testing as a minimum for critical processes.
* ISO 22301:2019, Clause 8.5 – Specifies regular testing and exercising, with annual frequency as a common benchmark for critical functions.

The CBCP-002 exam is a comprehensive assessment of the candidate’s knowledge in the field of business continuity planning. CBCP-002 exam covers a range of topics including risk assessment, business impact analysis, emergency response, crisis management, and recovery planning. CBCP-002 exam also covers the legal and regulatory requirements for business continuity planning, as well as the industry best practices.

Verified CBCP-002 Exam Dumps Q&As – Provide CBCP-002 with Correct Answers: https://www.vcedumps.com/CBCP-002-examcollection.html

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Exam Dumps CBCP-002 Practice Free Latest GAQM Practice Tests [Q23-Q46]

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