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Exam (elaborations)

APRP Questions and Answers with Verified Solutions | Latest 2026 Update

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APRP Questions and Answers with Verified Solutions | Latest 2026 Update

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APRP Questions and Answers with Verified Solutions | Latest 2026
Update




Q: Preventive Control

Answer:
A mitigating technique designated to prevent an event from occurring.

Q: Incident Response Plan

Answer:
A plan that defines the action steps, involved resources and
communication strategy upon identification of a threat or potential threat event, such
as a
breach in security protocol, power or telecomunnications outage, severe weather or
workplace
violence.

Q: Control Self-Assessment

Answer:
A technique used to internally assess the effectiveness of risk
management and control processes.

,APRP Questions and Answers with Verified Solutions | Latest 2026
Update




Q: Business Continuity Strategy

Answer:
Comprehensive strategies to recover, resume and maintain all
critical business functions.

Q: Technical Controls

Answer:
Controls to prevent and detect unauthorized activity.

Q: Procedures

Answer:
Defines the manner in which an organization will proceed, perform or affect
something to accomplish the objectives of a policy.

,APRP Questions and Answers with Verified Solutions | Latest 2026
Update




Q: Title 31 of the Code of Federal Regulation (CFR) Part 370

Answer:
Governs the handling of payments
for the Bureau of Public Debt made through the ACH Network.

Q: Unfair, Deceptive or Abusive Acts or Practices (UDAAP)

Answer:
Law to protect consumers
purchasing financial products and services requiring that consumers have access to
information
that lets them choose the option they believe is best for their situation.

Q: Risk Evaluation

Answer:
Process of comparing risk analysis results to determine if risk is at an
acceptable level.

, APRP Questions and Answers with Verified Solutions | Latest 2026
Update




Q: Business Impact Analysis (BIA)

Answer:
Process of identifying the potential impact of uncontrolled,
non-specific events on an institution's business processes.

Q: Enterprise Risk Management

Answer:
Process of planning, organizing, leading and controlling the
activities of an organization to minimize the effects of risk on that organization.

Q: Risk Measurement

Answer:
Process to determine the likelihood of an adverse event or threat
occurring and the potential impact of such an event on the institution.

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