Business Risk Management

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Questions and Answers

What type of risk is associated with recovering and restoring business functions after a disaster or major disruption occurs?

  • Regulatory risk
  • Business continuity risk (correct)
  • Technology risk
  • Information systems testing risk

What type of risk is associated with protecting personal, private, or confidential information?

  • Information systems testing risk
  • Technology risk
  • Security and privacy risk (correct)
  • Business systems control and effectiveness risk

Which type of risk is associated with the day-to-day operation of information technology systems?

  • Information systems testing risk
  • Reliability and performance management risk
  • Business continuity technology risk
  • Information technology operations risk (correct)

What type of risk is associated with the technology and processes used in the event of a disaster or major disruption?

<p>Business continuity technology risk (A)</p> Signup and view all the answers

What type of risk is associated with meeting reliability and performance agreements and measures?

<p>Reliability and performance management risk (C)</p> Signup and view all the answers

What type of risk is associated with failure to adhere to anti-money laundering regulations, data privacy laws, or industry-specific guidelines?

<p>Regulatory risk (D)</p> Signup and view all the answers

What is the primary division of risk in a technology-dependent business environment?

<p>Business Risk and Technology Risk (A)</p> Signup and view all the answers

Which type of risk relates to a company's holdings in bonds, futures, currencies, and so on?

<p>Treasury Risk (B)</p> Signup and view all the answers

What type of risk involves deliberate deception for personal gain?

<p>Fraud Risk (C)</p> Signup and view all the answers

Which risk arises from factors that affect the environment?

<p>Environmental Risk (B)</p> Signup and view all the answers

What type of risk relates to consumer behavior and revenue generation?

<p>Revenue Risk (A)</p> Signup and view all the answers

Which type of risk arises from new or existing regulations?

<p>Regulatory Risk (A)</p> Signup and view all the answers

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