AFP
CTP · Question #665
(Topic 7) A company has transferred all treasury functions to a new office overseas. When preparing the disaster recovery plan, the treasury manager seeks to identify the mission critical functions…
The correct answer is B. The company's decentralized treasury system operates locally with nightly data back-up. See the full explanation below for the reasoning.
Question
- (Topic 7)
A company has transferred all treasury functions to a new office overseas. When preparing the disaster recovery plan, the treasury manager seeks to identify the mission critical functions and then determine what risks the plan should address. Which of the following risks should be the focus of the Disaster Recovery Plan?
Options
- AThe majority of the company's export is to a country with significant currency
- BThe company's decentralized treasury system operates locally with nightly data back-up
- CThe corporate liability insurance policy does not cover the international office.
- DThe company's investment portfolio has significant equity ownership in the international
How the community answered
(48 responses)- A8% (4)
- B75% (36)
- C4% (2)
- D13% (6)
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