Question 1

Functions need to be assessed by problems that their __________ will cause to the everyday operations of the business.

Accepted Answer

The answer of Functions need to be assessed by problems...

Question 2

In __________ process,rather than identifying the assets and disasters and then driving the process from those perspectives,you address the whole organization from the perspective of the perceived threats.

Accepted Answer

The answer of In __________ process,rather than identifying the assets...

Question 3

For each asset that the company identifies,it needs to identify all the __________ that could impact each of the assets.

Accepted Answer

The answer of For each asset that the company identifies,it...

Question 4

All disasters and emergencies have a(n)________________ impact.

Accepted Answer

The answer of All disasters and emergencies have a(n)________________ impact....

Question 5

A(n)__________ method of risk assessment needs to be applied across the business enterprise.

Accepted Answer

The answer of A(n)__________ method of risk assessment needs to...

Question 6

Match between columns
                        Premises: Risk

Accepted Answer

The Answer of the possibility of suffering harm or loss is...

Question 7

Match the following terms with their definitions:
-Business impact
A)magnitude of the potential loss
B)result of judging the worth or value of something or someone
C)the possibility of suffering harm or loss because of an event

Accepted Answer

Business impact refers to the magnitude of the potential loss that a business could suffer as a result of an event, disruption, or threat. It is a key consideration in risk management and business continuity planning.

Question 8

Match the following terms with their definitions:
-Assessment
A)magnitude of the potential loss
B)result of judging the worth or value of something or someone
C)the possibility of suffering harm or loss because of an event

Accepted Answer

Assessment refers to the process of evaluating or judging the worth, value, or significance of something or someone.

Question 9

Match the following terms with there definitions:
-Disaster-based risk assessment
A)key to the ability to recover from disasters
B)based on awareness of existing risk factors
C)all possible hazards, rated
D)shows where the organization is in its disaster recovery process

Accepted Answer

Disaster-based risk assessment is fundamentally about understanding and being aware of the existing risk factors that could potentially lead to a disaster. This involves identifying, evaluating, and prioritizing risks to manage and mitigate them effectively.

Question 10

Match the following terms with there definitions:
-Tracking document
A)key to the ability to recover from disasters
B)based on awareness of existing risk factors
C)all possible hazards, rated
D)shows where the organization is in its disaster recovery process

Accepted Answer

Tracking documents are used to monitor the progress of an organization in its disaster recovery efforts, indicating where the organization currently stands in its preparedness and recovery process.

Question 11

Match the following terms with there definitions:
-Accurately identified hazards
A)key to the ability to recover from disasters
B)based on awareness of existing risk factors
C)all possible hazards, rated
D)shows where the organization is in its disaster recovery process

Accepted Answer

Accurately identified hazards are key to the ability to recover from disasters.

Question 12

Match the following terms with there definitions:
-Weighted hazard list
A)key to the ability to recover from disasters
B)based on awareness of existing risk factors
C)all possible hazards, rated
D)shows where the organization is in its disaster recovery process

Accepted Answer

A weighted hazard list involves rating all possible hazards, which implies that it is a comprehensive list of hazards that have been evaluated and ranked according to their level of risk or impact.

Question 13

Match each of the disaster-based risk assessment steps with its order of completion:
-First
A)assess hazards
B)implement controls
C)test and evaluate
D)identify hazards
E)develop controls and make risk decisions

Accepted Answer

Identifying hazards is the first step in disaster-based risk assessment, as it involves recognizing potential sources of harm or danger.

Question 14

Match each of the disaster-based risk assessment steps with its order of completion:
-Second
A)assess hazards
B)implement controls
C)test and evaluate
D)identify hazards
E)develop controls and make risk decisions

Accepted Answer

After identifying hazards, the next step is to assess those hazards to understand their potential impact and likelihood.

Question 15

Match each of the disaster-based risk assessment steps with its order of completion:
-Third
A)assess hazards
B)implement controls
C)test and evaluate
D)identify hazards
E)develop controls and make risk decisions

Accepted Answer

The third step in disaster-based risk assessment is to develop controls and make risk decisions after identifying and assessing hazards.

Question 16

Match each of the disaster-based risk assessment steps with its order of completion:
-Fourth
A)assess hazards
B)implement controls
C)test and evaluate
D)identify hazards
E)develop controls and make risk decisions

Accepted Answer

The answer of Match each of the disaster-based risk assessment...

Question 17

Match each of the disaster-based risk assessment steps with its order of completion:
-Fifth
A)assess hazards
B)implement controls
C)test and evaluate
D)identify hazards
E)develop controls and make risk decisions

Accepted Answer

Testing and evaluating is typically the fifth step in a disaster-based risk assessment process, following the implementation of controls.

Question 18

Match the following terms to their descriptions:
-Service Level Agreement
A)role that each area in the organization plays
B)addresses the organization from the perspective of perceived threats
C)the level of harm that may occur from any given threat or risk
D)a contract that spells out the terms of service that will be provided

Accepted Answer

A Service Level Agreement (SLA) is essentially a contract between a service provider and a client that details the expectations and responsibilities, including the quality and availability of the service that will be provided.

Question 19

Match the following terms to their descriptions:
-Functional Area Input
A)role that each area in the organization plays
B)addresses the organization from the perspective of perceived threats
C)the level of harm that may occur from any given threat or risk
D)a contract that spells out the terms of service that will be provided

Accepted Answer

Functional Area Input refers to the specific role or contribution of each department or area within an organization towards achieving its overall goals.

Question 20

Match the following terms to their descriptions:
-Business Impact Analysis
A)role that each area in the organization plays
B)addresses the organization from the perspective of perceived threats
C)the level of harm that may occur from any given threat or risk
D)a contract that spells out the terms of service that will be provided

Accepted Answer

The answer of Match the following terms to their descriptions:
-Business...

Quiz 3: Assessing Risk and Impact

Functions need to be assessed by problems that their __________ will cause to the everyday operations of the business.

In __________ process,rather than identifying the assets and disasters and then driving the process from those perspectives,you address the whole organization from the perspective of the perceived threats.

For each asset that the company identifies,it needs to identify all the __________ that could impact each of the assets.

All disasters and emergencies have a(n)________________ impact.

A(n)__________ method of risk assessment needs to be applied across the business enterprise.

Match the following terms with their definitions:

Match the following terms with their definitions: -Business impact

Match the following terms with their definitions: -Assessment

Match the following terms with there definitions: -Disaster-based risk assessment

Match the following terms with there definitions: -Tracking document

Match the following terms with there definitions: -Accurately identified hazards

Match the following terms with there definitions: -Weighted hazard list

Match each of the disaster-based risk assessment steps with its order of completion: -First

Match each of the disaster-based risk assessment steps with its order of completion: -Second

Match each of the disaster-based risk assessment steps with its order of completion: -Third

Match each of the disaster-based risk assessment steps with its order of completion: -Fourth

Match each of the disaster-based risk assessment steps with its order of completion: -Fifth

Match the following terms to their descriptions: -Service Level Agreement

Match the following terms to their descriptions: -Functional Area Input

Match the following terms to their descriptions: -Business Impact Analysis