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The GAQM sector is an ever-evolving and rapidly growing industry that is crucial in shaping our lives today. With the growing demand for skilled GAQM professionals, obtaining Certified Business Continuity Professional (CBCP) (CBCP-002) certification exam has become increasingly important for those who are looking to advance their careers and stay competitive in the job market. Individuals who hold Certified Business Continuity Professional (CBCP) (CBCP-002) certification exam demonstrate to their employers and clients that they have the knowledge and skills necessary to succeed in the CBCP-002 exam.

Businesses are faced with various challenges that can interrupt their operations, including cyber-attacks, natural disasters, and other emergencies. It is essential to have contingency plans in place to ensure that companies can continue to function and provide their services to customers even in the face of adversity. The Certified Business Continuity Professional (CBCP) exam, offered by the Global Association for Quality Management (GAQM), helps professionals acquire the necessary skills to manage and maintain business continuity programs.

GAQM CBCP-002 Exam is based on international standards and best practices, such as ISO 22301 and the Business Continuity Institute's Good Practice Guidelines. It is a rigorous exam that tests candidates on their theoretical knowledge as well as their practical skills in developing and implementing BCMS. Certified Business Continuity Professional (CBCP) certification provides a globally recognized credential that demonstrates the candidate's expertise in the field of business continuity, and it can enhance their career prospects and earning potential.

GAQM Certified Business Continuity Professional (CBCP) Sample Questions (Q13-Q18):

NEW QUESTION # 13
What is the frequency of BCP testing for critical processes?

A. Quarterly
B. Annually
C. As per calendar planned at beginning of the year
D. Half-yearly

Answer: B

Explanation:
The frequency of BCP testing for critical processes is a fundamental aspect of ensuring a plan remains effective and relevant. Business Continuity Professional standards, such as those from DRI International and ISO 22301, provide guidance on testing frequency based on the criticality of processes and organizational needs.
* Annually: Industry standards recommend that critical processes undergo comprehensive BCP testing at least once a year. This ensures that plans are validated, personnel are trained, and any gaps or changes in the business environment are addressed. Annual testing is considered a baseline requirement for maintaining resilience, particularly for critical functions that, if disrupted, could severely impact the organization.
* Quarterly: While more frequent testing (e.g., quarterly) may be appropriate for highly dynamic environments or specific high-risk processes, it is not a universal requirement for all critical processes.
Quarterly testing is typically reserved for specific scenarios or as part of a progressive testing strategy rather than a standard frequency.
* As per calendar planned at beginning of the year: This option implies a flexible schedule, but it lacks specificity and does not align with standardized recommendations. Testing should follow a defined frequency rather than an arbitrary calendar plan unless explicitly tied to a standard (e.g., annual).
* Half-yearly: Semi-annual testing (every six months) may be adopted by some organizations for additional assurance, but it exceeds the minimum standard requirement of annual testing for critical processes unless specified by organizational policy or regulatory mandates.
The verified answer,A. Annually, reflects the widely accepted minimum frequency for testing critical processes as per Business Continuity Professional guidelines. However, organizationsmay increase frequency based on risk assessments or regulatory requirements, though this is not the default expectation.
References:
* DRI International Professional Practices for Business Continuity Management (2023), Section 9:
Testing and Exercising - Recommends annual testing as a minimum for critical processes.
* ISO 22301:2019, Clause 8.5 - Specifies regular testing and exercising, with annual frequency as a common benchmark for critical functions.

NEW QUESTION # 14
A consultant is a person who borrows your watch to tell you the time, charges you for doingso and then sells you back your watch.

A. True
B. False

Answer: B

Explanation:
Explanation
A consultant is a person who borrows your watch to tell you the time, charges you for doing so and then sells you back your watch. This is false because it is a cynical and unfair description of a consultant's role and value. A consultant is a person who provides professional or expert advice in a specific field or domain. A consultant can help an organization to identify problems, analyze situations, develop solutions, implement changes, improve performance, or achieve goals. A consultant can also provide knowledge, skills, tools, or resources that the organization may not have or need temporarily. Verified References:
https://www.investopedia.com/terms/c/consultant.asphttps://phoenixnap.com/blog/what-is-business-continuity-m

NEW QUESTION # 15
When should the Business Continuity Planning be reviewed?

A. Whenever encountering a disaster
B. Whenever the legal department declares it is time
C. Whenever the company gets audited
D. At least annually or whenever significant changes occur

Answer: D

Explanation:
Explanation
Business continuity planning is not a one-time activity, but a dynamic and ongoing process that needs to be reviewed and updated regularly to reflect changes in the internal and external environment. The frequency of review may vary depending on the nature and size of the organization, but it is generally recommended to conduct a review at least annually or whenever significant changes occur that may affect the continuity of the organization's functions and processes. Such changes may include organizational restructuring, new products or services, new technologies, new regulations, new threats or vulnerabilities, or lessons learned from incidents or exercises. Verified References:
https://www.ready.gov/business-continuity-planhttps://drii.org/resources/professionalpractices/EN

NEW QUESTION # 16
Which type of risks result from business decisions that are influenced by changes in markets, liquidity changes and credit risks?

A. Technical
B. Strategic
C. Financial
D. Operational

Answer: C

Explanation:
Financial risks are the risks that result from business decisions that are influenced by changes in markets, liquidity, and credit. Financial risks are the uncertainties or variabilities of the financial performance or position of an organization due to factors such as interest rates, exchange rates, inflation, credit ratings, debt levels, or cash flows. Financial risks can affect anorganization's profitability, solvency, liquidity, or valuation.
Verified References: https://www.investopedia.com/terms/f/financialrisk.asphttps://www.thebci.org/training- qualifications/good-practice-guidelines.html

NEW QUESTION # 17
Individual accountability for the management of the risk should be clearly established.

A. False
B. True

Answer: B

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 # 18
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GAQM Certified Business Continuity Professional (CBCP) Sample Questions (Q13-Q18):

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