Business Continuity Planning questions with correct answers

The ___________ helps the initial planners select appropriate BCP team members and then guides the overall BCP process. - Answer business organization analysis What is the first task of the BCP team? - Answer review and validation A firm's officers and directors are legally bound to exercise _______ in conducting their activities. This concept creates a fiduciary responsibility on their part to ensure that adequate business continuity plans are in place. - Answer due diligence The ________ portion of the priority identification should assign asset values in monetary units. - Answer quantitative The ___________________ represents the longest period a business function can be unavailable before causing irreparable harm to the business. This figure is useful when determining the level of business continuity resources to assign to a particular function. - Answer maximum tolerable downtime (MTD)