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.