The Process of Identifying Exposure to Threats, Creating Preventive and Recovery

question 47

Multiple Choice

The process of identifying exposure to threats, creating preventive and recovery procedures, and then testing them to determine if they are sufficient, is known as:

• A)Business continuity planning and testing
• B)Disaster planning
• C)Business management planning and testing
• D)Enterprise disaster planning

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Definitions:

Depreciation

This is the systematic allocation of the cost of a tangible asset over its useful life. It reflects the consumption of the asset over time.

Tax Bill

A tax bill is an official statement from a governmental authority specifying the amount of taxes owed by an individual or organization for a certain period.

Net Cash Flow

The amount of cash that is generated or lost by a business in a given period, after accounting for all cash inflows and outflows related to operational, investing, and financing activities.

Statement of Cash Flows

The statement of cash flows is a financial report that outlines the cash inflows and outflows from operating, investing, and financing activities, indicating how a company generates and uses cash.