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GAQM Certified Business Continuity Professional (CBCP) Sample Questions:

1. Which type of risk occurs due to volatile environments in which businesses operate and the nature of their operations?

A) Quality Risk
B) Auditing Risk
C) Business Risk
D) Project Risk

2. Tolerating risk is where no action is taken to mitigate or reduce a risk.

A) True
B) False

3. Which type of risks result from business decisions that are influenced by changes in markets, liquidity changes and credit risks?

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

4. Risk ownership must be clearly set out, documented and agreed with the individual owners at all levels of the operational risk management process.

A) True
B) False

5. What is the frequency of BCP testing for critical processes?

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

Solutions: