Which of the following data would be used when performing a business impact analysis (BIA)?
A.
Projected impact of current business on future business
B.
Cost-benefit analysis of running the current business
C.
Cost of regulatory compliance
D.
Expected costs for recovering the business
The Answer Is:
D
This question includes an explanation.
Explanation:
The expected costs for recovering the business would be used when performing a business impact analysis (BIA). A BIA is a process of identifying and evaluating the potential effects ofdisruptions to critical business functions or processes. A BIA helps to determine the recovery priorities, strategies, and resources needed to resume normal operations after a disruption. One of the key outputs of a BIA is an estimate of the financial losses or costs associated with different types of disruptions, such as lost revenue, increased expenses, contractual penalties, or regulatory fines.
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