Just Like the Risk Management Process, the BCDR Planning Process

question 478

Multiple Choice

Just like the risk management process, the BCDR planning process has a defined sequence of steps and processes to follow to ensure the production of a comprehensive and successful plan. Which of the following is the correct sequence of steps for a BCDR plan?

• A) Define scope, gather requirements, assess risk, implement
• B) Define scope, gather requirements, implement, assess risk
• C) Gather requirements, define scope, implement, assess risk
• D) Gather requirements, define scope, assess risk, implement

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Definitions:

Advanced Company

A designation often used to describe a business that operates with significant technological advancements or innovative products compared to competitors.

Absorption Costing

Absorption costing is an accounting method that includes all manufacturing costs - direct labor, direct materials, and both variable and fixed manufacturing overhead - in the cost of a product.

Product Cost

The total cost associated with making or acquiring a product, including materials, labor, and overhead expenses.

Variable Costing

A costing method that includes only variable manufacturing costs in product costs and treats fixed manufacturing costs as period costs.