A Business Impact Analysis Involves Calculating the Types of Damages

question 3

True/False

A business impact analysis involves calculating the types of damages and losses that can be expected during any one of the identified hazard events, and relating them to the characteristics of the business itself.

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Definitions:

Sequential Values

A series of numbers or items arranged in a specific, consecutive order.

Named Range

A feature in spreadsheet software that allows a user to assign a descriptive name to a cell or range of cells for easy reference.

Predefined Procedure

A set of pre-established instructions or rules within a program or system meant to carry out specific tasks.

Function

In programming and software, a defined block of code designed to perform a specific task or calculation when called.