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APRP Exam 5 - Payments Risk Management Controls Questions and answers latest update

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Which step in the business continuity plan (BCP) development process involves assessing and prioritizing all business functions and processes? Business impact analysis 3 multiple choice options Which method involves simulating the full use of available resources to determine whether all critical systems can be recovered at the alternate processing site as outlined in the business continuity plan (BCP)? Full-scale exercise 3 multiple choice options There are four main steps in the business continuity plan (BCP) development process. Which step involves analyzing threats? Risk assessment 3 multiple choice options According to the FFIEC guidance Authentication in an Internet Banking Environment, how often should a financial institution review and update its existing risk assessment? At least every 12 months 3 multiple choice options

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APRP Exam 5 - Payments Risk
Management Controls

Which step in the business continuity plan (BCP) development process involves
assessing and prioritizing all business functions and processes?
Business impact analysis
3 multiple choice options

Which method involves simulating the full use of available resources to determine
whether all critical systems can be recovered at the alternate processing site as outlined
in the business continuity plan (BCP)?
Full-scale exercise
3 multiple choice options

There are four main steps in the business continuity plan (BCP) development process.
Which step involves analyzing threats?
Risk assessment
3 multiple choice options

According to the FFIEC guidance Authentication in an Internet Banking Environment,
how often should a financial institution review and update its existing risk assessment?
At least every 12 months
3 multiple choice options

Which method is a discussion with personnel to determine whether targeted plans and
procedures are reasonable, personnel understand their responsibilities, and different
departmental or business unit plans are compatible with each other?

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