MOD 3 QUIZ - Business Continuity Planning

Question 1

Why is Business Continuity Planning used?

Answer 1

To maintain continuous operations of a business in the event of an emergency

Question 2

What are the steps used for BCP?

Answer 2

Continuity Planning
Project Planning and Scope
Business Impact Analysis
Approval and Implementation

Question 3

In the scope of BIA, what is MTD?

Answer 3

Maximum Tolerable Downtime

Question 4

This is the maximum time a business function can be inoperable without causing irreparable damage to the business.

Answer 4

Maximum Tolerable Downtime OR Maximum Tolerable Outage

Question 5

In the scope of BIA, what is RTO?

Answer 5

Recovery Time Objective

Question 6

What are the types of threats?

Answer 6

Person made Threats
Natural Threats

Question 7

What is the Annualized Rate of Occurrence (ARO)?

Answer 7

Number of times a business expects to experience a given disaster each year

Question 8

What is the Asset Value (AV)?

Answer 8

Monetary Value of any asset

Question 9

What is the formula fro Single Loss Expectancy (SLE)?

Answer 9

SLE = AV * EF

Question 10

What is the formula for Annualized Loss Expectancy (ALE)?

Answer 10

ALE = SLE * ARO