Answered

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All of the following statements are true about a member firm's Business Continuity Plan EXCEPT the BCP must: A address how the member firm would deal with a significant business disruption B include scenarios of increasing severity and how the member plans to respond C be provided to any new customer at account opening D be provided to customers every 36 months after the account is opened

Sagot :

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Answer:

D. be provided to customers every 36 months after the account is opened

Explanation:

business continuity plan can be regarded as system of procedures of organization that is aim to restore critical business functions whenever the situation of of unplanned disaster events surface. These disasters could be service outages as well as natural disasters and other potential threats. It is the the capability that an organisation could have to be able to continue the delivery of products/services following a disruptive incident at pre-defined acceptable levels.

It should be noted that For a member firm's Business Continuity Plan , the BCP must;

✓ be provided to any new customer at account opening

✓ address how the member firm would deal with a significant business disruption

✓ include scenarios of increasing severity and how the member plans to respond

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