Questions With Correct Detailed Answers
2025 Newest Version
Ensure survival of the entity - ✔✔✔ - Number 1 reason of BC importance
Important concepts in establishing BC program - ✔✔✔ - 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 - ✔✔✔ - This is auditable
Steering Committee - ✔✔✔ - 6-7 business leaders (representing different business units) that will make
decisions regarding BC
Who signs the business continuity policy statement
Budget - ✔✔✔ - This item is similar to a BC policy statement
Legal and Regulatory requirements - ✔✔✔ - What should be presented to leadership to effectively
establish the need for Business Continuity Management
Scope - ✔✔✔ - Where you can and would put exclusions in the introduction of the BC plan
Resilience - ✔✔✔ - The adaptive capacity of an organization in a complex and changing environment.
Risk Management - ✔✔✔ - Acceptance/tolerance
Prevention/mitigation
Risk retention
Risk transfer