How Frequently Should Business Contingency Procedures Be Tested and Updated

question 274

Multiple Choice

How frequently should business contingency procedures be tested and updated?

• A) quarterly tests I updates as needed
• B) at least every second year
• C) half-yearly tests / yearly updates
• D) at least yearly

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Definitions:

Central Tendency

A single number or value that describes the typical or central score among a set of scores.

Frequency Distribution

A mathematical function that shows the number of occurrences of each value of a variable, often represented in a table or graph.

Median

A measure of central tendency; the middle score in a distribution of scores that divides the distribution in half.

Mean

A measure of central tendency, obtained by summing scores and then dividing the sum by the number of scores.