Which choice below refers to a business asset?

A.
Protection devices or procedures in place that reduce the effects of threats

B.
Events or situations that could cause a financial or operational impact to the organization

C.
Competitive advantage, credibility, or good will

D.
Personnel compensation and retirement programs

Explanation:

Assets are considered the physical and financial assets that are owned by the company. Examples of
business assets that could be lost or damaged during a disaster are: Revenues lost during the
incident On-going recovery costs Fines and penalties incurred by the event. Competitive advantage,
credibility, or good will damaged by the incident *Answer “Events or situations that could cause a
financial or operational impact to the organization” is a definition for a threat. *Answer “Protection
devices or procedures in place that reduce the effects of threats” is a description of mitigating
factors that reduce the effect of a threat, such as a UPS, sprinkler systems, or generators. *Answer
“Personnel compensation and retirement programs” is a distracter. Source: Contingency Planning
and Management, Contingency Planning 101 by Kelley Goggins, March, 1999.