Questions and CORRECT Answers only
Ensure survival of the entity - Correct Answer- Number 1 reason of BC importance
Important concepts in establishing BC program - Correct Answer- Leadership must buy in
and commit before any BC tasks take place. It should be funded by leadership and there
should be a budget!
Budget requirements for the BC program - Correct Answer- This is auditable
Steering Committee - Correct Answer- 6-7 business leaders (representing different business
units) that will make decisions regarding BC
Who signs the business continuity policy statement
Budget - Correct Answer- This item is similar to a BC policy statement
Legal and Regulatory requirements - Correct Answer- What should be presented to
leadership to effectively establish the need for Business Continuity Management
Scope - Correct Answer- Where you can and would put exclusions in the introduction of the
BC plan
Resilience - Correct Answer- The adaptive capacity of an organization in a complex and
changing environment.
Risk Management - Correct Answer- Acceptance/tolerance
Prevention/mitigation
Risk retention
Risk transfer