APRP Exam With 160+ Questions & Correct Answers
A mitigating technique designated to prevent an event from occurring. - ANSWER-Preventive Control
A plan that defines the action steps, involved resources and communication strategy upon identification of a threat or potential threat event, such as a breach in security protocol, power or telecomunnications outage, severe weather or workplace violence. - ANSWER-Incident Response Plan
A technique used to internally assess the effectiveness of risk management and control processes. - ANSWER-Control Self-Assessment
Comprehensive strategies to recover, resume and maintain all critical business functions. - ANSWER-Business Continuity Strategy
Controls to prevent and detect unauthorized activity. - ANSWER-Technical Controls
Defines the manner in which an organization will proceed, perform or affect something to accomplish the objectives of a policy. - ANSWER-Procedures
Governs the handling of payments for the Bureau of Public Debt made through the ACH Network. - ANSWER-Title 31 of the Code of Federal Regulation (CFR) Part 370
Law to protect consumers purchasing financial products and services requiring that consumers have access to information that lets them choose the option they believe 1 / 3
is best for their situation. - ANSWER-Unfair, Deceptive or Abusive Acts or Practices (UDAAP)
Process of comparing risk analysis results to determine if risk is at an acceptable level. - ANSWER-Risk Evaluation
Process of identifying the potential impact of uncontrolled, non-specific events on an institution's business processes. - ANSWER-Business Impact Analysis (BIA)
Process of planning, organizing, leading and controlling the activities of an organization to minimize the effects of risk on that organization. - ANSWER- Enterprise Risk Management
Process to determine the likelihood of an adverse event or threat occurring and the potential impact of such an event on the institution. - ANSWER-Risk Measurement
Security technique used to regulate who or what can view or use resources in a computing environment. - ANSWER-User Access Controls
Systematic examination of systems to identify, quantify and prioritize the security deficiencies of the systems. - ANSWER-Vulnerability Assessment
Testing method involves actual mobilization of personnel to other sites attempting to establish communications and perform actual recovery processing as outlined in the business continuity plan (BCP). - ANSWER-Function Drill/Parallel Test
Total process required to identify, control and minimize the impact of uncertain events. - ANSWER-Risk Management 2 / 3
Use of different controls at different points in a transaction process. - ANSWER- Layered Security
Testing method ensures critical personnel from all areas are familiar with the business continuity plan (BCP) and may be used as an effective training tool. - ANSWER-Tabletop Exercise/Structured Walk-Through Test
Testing method used to apply a specific event scenario to the business continuity plan (BCP). - ANSWER-Walk-Through Drill/Simulation Test
A bank account established directly or indirectly by an employer on behalf of an employee to which an employee's wages are electronically transferred to. - ANSWER-Payroll Card Account
A card indicating the holder has been granted a line of credit to make purchases or withdraw cash up to a prearranged ceiling. - ANSWER-Credit Card
A card-based payment system that assigns a value to the card; some cards can be "reloaded" through various methods and others are designed to be discarded. - ANSWER-Prepaid/Stored Value Card
A check that never appears in paper form. - ANSWER-ECI - Electronically Created Item
A company or individual that has been authorized by the Receiver to initiate either a credit or debit ACH entry to their account. - ANSWER-Originator
- / 3