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GAQM CBCP-002 PDF Questions - Exam CBCP-002 Guide Materials
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The CBCP-002 exam is ideal for professionals who are involved in business continuity management, such as business continuity managers, emergency managers, risk managers, and IT disaster recovery managers. Certified Business Continuity Professional (CBCP) certification is also suitable for those who are looking to enhance their career prospects in the field of business continuity management. The CBCP-002 Certification is recognized by leading organizations worldwide and is a testament to the candidate's expertise in the field.
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Exam CBCP-002 Guide Materials | CBCP-002 Valid Exam Book
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GAQM Certified Business Continuity Professional (CBCP) Sample Questions (Q36-Q41):
NEW QUESTION # 36
Which type of continuity planning will enhance the functioning relationship with the organization's key suppliers, creating stronger assurances of continuous supply of information, material product and services?
- A. Unilateral
- B. Bilateral
- C. Multilateral
Answer: B
Explanation:
Continuity planning with external stakeholders, such as key suppliers, is essential to ensure the uninterrupted flow of information, materials, products, and services during disruptions. The type of continuity planning determines the nature of the relationship and coordination with these suppliers:
* Multilateral: This involves multiple parties (e.g., an organization and several suppliers or partners) working together in a coordinated plan. While multilateral planning can enhance collaboration across a broad network, it is complex and not specifically tailored to strengthening individual supplier relationships, which is the focus of this question.
* Bilateral: This refers to a two-party agreement or plan between the organization and a specific supplier.
Bilateral continuity planning fosters a direct, functioning relationship with key suppliers, enabling mutual understanding, aligned recovery strategies, and stronger assurances of continuous supply. It is the most effective approach for building robust, one-on-one supplier relationships, as it allows for tailored coordination and commitments.
* Unilateral: This is a one-sided plan where the organization develops its continuity strategy without direct supplier involvement. While it may address internal resilience, it does not enhance the functioning relationship with suppliers or provide assurances of their continuity, making it inadequate for this purpose.
The correct answer isB. Bilateral, as it directly enhances the relationship with key suppliers through mutual planning and coordination, ensuring a continuous supply chain. This aligns with Business Continuity Professional practices that emphasize collaboration with critical external dependencies.
References:
* DRI International Professional Practices for Business Continuity Management (2023), Section 4:
Business Impact Analysis and Risk Assessment - Highlights the importance of engaging key suppliers in continuity planning.
* ISO 22301:2019, Clause 8.2.3 - Emphasizes identifying and managing dependencies, including suppliers, through coordinated planning.
NEW QUESTION # 37
Which statement is authorized at an appropriate level and should codify the company's attitude to a particular risk?
- A. QMS Document
- B. Policy Statement
- C. Process Document
- D. Privacy Statement
Answer: B
Explanation:
A policy statement is a statement that is authorized at an appropriate level and should codify the company's attitude to a particular risk. A policy statement is a document that defines the scope, objectives, principles, roles, and responsibilities of a business continuity management program. It should also express the organization's commitment to managing risks and ensuring continuity of its critical functions and processes.
A policy statement should be approved by senior management and communicated to all relevant stakeholders.
Verified References: https://www.iso.org/publication/PUB100442.htmlhttps://phoenixnap.com/blog/what-is- business-continuity-management
NEW QUESTION # 38
Which system in place enables you to balance risk and entrepreneurial energy with appropriate internal control procedures to manage that risk?
- A. Auditing Report
- B. Banking System
- C. Corporate Governance
- D. Quality Management System
Answer: C
Explanation:
Explanation
Corporate governance is the system of rules, practices, and processes by which an organization is directed and controlled. It involves balancing the interests of various stakeholders, such as shareholders, management, customers, suppliers, regulators, and the community. It also enables an organization to balance risk and entrepreneurial energy with appropriate internal control procedures to manage that risk. Effective corporate governance can enhance performance, accountability, transparency, and trust. Verified References:
https://www.investopedia.com/terms/c/corporategovernance.asphttps://www.thebci.org/training-qualifications/go
NEW QUESTION # 39
Individual accountability for the management of the risk should be clearly established.
- A. True
- B. False
Answer: A
Explanation:
Individual accountability for the management of the risk should be clearly established. This is true because accountability is one of the key principles of business continuity management. Accountability means that each person involved in the business continuity management program has a clear understanding of their roles and responsibilities, as well as the authority and resources to perform them. Accountability also means that each person is held responsible for their actions and outcomes, and that they report on their performance and progressregularly. Verified References: https://www.iso.org/publication/PUB100442.htmlhttps://phoenixnap.
com/blog/what-is-business-continuity-management
NEW QUESTION # 40
Which statement is authorized at an appropriate level and should codify the company's attitude to a particular risk?
- A. QMS Document
- B. Policy Statement
- C. Process Document
- D. Privacy Statement
Answer: B
Explanation:
Explanation
A policy statement is a statement that is authorized at an appropriate level and should codify the company's attitude to a particular risk. A policy statement is a document that defines the scope, objectives, principles, roles, and responsibilities of a business continuity management program. It should also express the organization's commitment to managing risks and ensuring continuity of its critical functions and processes. A policy statement should be approved by senior management and communicated to all relevant stakeholders.
Verified References:
https://www.iso.org/publication/PUB100442.htmlhttps://phoenixnap.com/blog/what-is-business-continuity-mana
NEW QUESTION # 41
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