What does BIA stand for?
  1. Business Intent Analysis
  2. Business Impact Analysis
  3. Business Instruction Arguments
  4. Beneficial Impact Actions
Explanation
Answer: B - BIA stands for Business Impact Analysis. The Business Impact Analysis should be completed after the Risk Assessment to provide financial data on the potential impact of a crisis or risk.

Key Takeaway: The Business Impact Analysis is a vital part of the Business Continuity Plan. It provides the data used for decisions during the risk mitigation and recovery phases of the Business Continuity Plan.
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