MIS 416 Study Guide (A+ Graded)
The intangible value of an asset is NOT relevant to managing risks because there is no way to quantify its value in terms of monetary value during a risk assessment. True False correct answers False A business impact analysis is concerned with identifying and implementing recovery methods. True False correct answers False According to FAIR, gathering insight into forms of loss from _____, increases the quality of the overall analysis. A. the internet B. similar companies C. subject-matter experts D. trade magazines correct answers C For a business impact analysis, the step of "identifying the environment" means having a good understanding of the business function. True False correct answers True Some recovery point objectives require you to recover data up to a moment in time. True False correct answers True When identifying mission-critical business functions and processes, who or what possess(es) the key information? A. department-heads B. experts C. stakeholders D. c-level employees correct answers B Risk tolerance levels reflect an organization's culture and disposition of upper management. True False correct answers True A business impact analysis is intended to include all IT functions.
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