Quiz 3
Business Continuity Planning Quiz
Test your knowledge of Business Continuity Planning with our comprehensive quiz! This quiz covers essential concepts such as risk assessment, disaster recovery, and the importance of effective planning. Whether you're a business professional or simply interested in the topic, this quiz is designed for you.
Key Features:
- 10 multiple choice questions
- Score and get instant feedback
- Improve your understanding of business continuity concepts
What is the first step individuals responsible for the development of a business continuity plan should perform?
Resource requirements analysis
Business organization analysis
BCP team selection
Legal and regulatory assessment
Which one of the following BIA terms identifies the amount of money a business expects to lose a given risk each year?
ARO
SLE
EF
ALE
You concerned about the risk that an avalanche poses to your $3 million shipping facility. Base on expert opinion, you determine that there is a 5 percent chance that an avalanche will occur each year. Experts advise you that an avalanche would completely destroy your building and require you to rebuild on the same land. Ninety percent of the $3 million value of the facility is attributed to the building and 10 percent is attributed to the land itself. What is the single loss expectancy of your shipping facility to avanlaches?
$ 2,700,000
$ 270,000
$ 3,000,000
$ 135,000
You are concerned about the risk that a hurricane poses to your corporate headquarters in South Florida. The building itself is valued at $ 15 million. After consulting with the National Weather Service, you are determined that there is a 10 percent likelihood that a hurricane will strike over the course of a year. You hired a team of architects and engineers who determined that the average hurricane would destroy approximately 50 percent of the building. What is the annualized loss of expectancy (ALE)?
$ 750,000
$ 15 million
$ 1.5 million
$ 7.5 million
Which task of BCP bridges the gap between the business impact assessment and the continuity planning phases?
Resource prioritization
Strategy development
Likelihood assessment
Provisions and processes
Which resource should you protect first when designing continuity plan provisions and processes?
Infrastructure
People
Financial
Physical plant
Lighter than Air Industries expects that it would lost $10 million if a tornado struck its aircraft operations facility. It expects that a tornado might strike the facility once every 100 years. What is the single loss expectancy for this scenario?
0.10
0.01
$ 10,000,000
$ 100,000
In which business continuity planning task would you actually design procedures and mechanisms to mitigate risks deemed unacceptable by the BCP team?
Resource prioritization
Provisions and processes
Strategy development
Business impact assessment
What type of plan outlines the procedures to follow hen a disaster interrupts the normal operations of a business?
Disaster recovery plan
Business impact assessment
Business continuity plan
Vulnerability assessment
Of the individuals listed, who would provide the best endorsement for a business continuity plan's statement of importance?
Business continuity manager
Chief information officer
Vice president of business operations
Chief executive officer
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