Q20. Which type of risks result from business decisions that are influenced by changes in markets, liquidity changes and credit risks?

Q21. Risk ownership must be clearly set out, documented and agreed with the individual owners at all levels of the operational risk management process.

Q22. What is the frequency of BCP testing for critical processes?

Q23. Which type of risk occurs due to volatile environments in which businesses operate and the nature of their operations?

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?

Q25. Which statement is authorized at an appropriate level and should codify the company’s attitude to a particular risk?

Q26. Which of the following are the four T’s of risk guidance produced by by the Office of Government Commerce? (choose four)

Q27. 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?

Q28. BIA helps you identify

Q29. There are several reasons why a company would develop and implement a business continuity plan. Which of the following properly describes the best reason?

Q30. A formal “disaster” can only be declared by the firm owners or by the IT Department Manager.

Q31. 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?

Q32. Which type of management is an often used term, but has so many different connotations to different people that invariably the message of its meaning gets confused?

Q33. 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.

Q34. Which Process can be both time consuming and expensive as a result, management will expect tangible benefits to be achieved by the process?

Q35. When should the Business Continuity Planning be reviewed?