Certified Protection Officer (Pre-test)

1.

Next to the protection of employees, companies are intrested in the protection of company assets. Possibly the most important asset worth potecting would be which of the following:

A.

Reputational Damage
B.

Expensive equipment loss
C.

Corporate vehicles including the corporate jet
D.

All of the above

Correct Answer
D. All of the above

Explanation
Wake-up Richard!

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2.

Reputational damage can occur through which of the following:

A.

Theft of customer information
B.

Loss of a senior executive
C.

Tainting of the company brand name
D.

All of the above

Correct Answer
D. All of the above

Explanation
Reputational damage can occur through theft of customer information, loss of a senior executive, and tainting of the company brand name. Theft of customer information can lead to a loss of trust and confidence in the company, which can negatively impact its reputation. Loss of a senior executive can also have a detrimental effect on a company's reputation, especially if the executive was highly regarded and their departure raises concerns about the company's stability or leadership. Tainting of the company brand name, through negative publicity or scandals, can also result in reputational damage as it erodes trust and credibility in the eyes of customers and stakeholders.

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3.

Mitigation means employing company that reduce the probability of a loss event. The problem is good mitigation programs must be designed to interfere with the operation of profitablity of the enterprise.

A.

True
B.

False

Correct Answer
B. False

Explanation
Mitigation refers to implementing measures or strategies that help decrease the likelihood of a loss event. However, the statement suggests that effective mitigation programs must disrupt the profitability of a company. This is incorrect because mitigation programs are designed to minimize risks and losses while still allowing the company to operate profitably. Therefore, the correct answer is False.

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4.

A cost/benefit analysis must be conducted to evaluate the mitigation tactics applicable to the enterprise. The cost/benefit involves all of the following except:

A.

Setting aside the monetary value of all costs and benefits resulting from expenditures
B.

Evaluating direct and indirect consequences of the expenditures
C.

Setting aside consideration of expected future costs and revenues accruing from the expinditures
D.

All the above

Correct Answer
A. Setting aside the monetary value of all costs and benefits resulting from expenditures

Explanation
The correct answer is "Setting aside the monetary value of all costs and benefits resulting from expenditures." This means that the cost/benefit analysis should not ignore or disregard the financial value of the costs and benefits associated with the expenditures. It is important to consider the monetary impact when evaluating the mitigation tactics applicable to the enterprise.

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5.

Asset protection through risk mitigation typically involves concept of layered protection. The principal behind layred protection consists of all the following except:

A.

Detection
B.

Deterrence
C.

Arrest
D.

Delaying

Correct Answer
C. Arrest

Explanation
Asset protection through risk mitigation typically involves the concept of layered protection, which includes detection, deterrence, and delaying. The purpose of these measures is to prevent or minimize the risk of asset loss or damage. However, arrest is not considered a part of layered protection because it is typically the role of law enforcement authorities to apprehend and arrest individuals involved in criminal activities, rather than being a proactive measure implemented as part of asset protection strategies.

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