Which of the following is MOST appropriate method to evaluate the potential impact of legal, regulatory, and contractual requirements on business objectives?
A.
Communication with business process stakeholders
B.
Compliance-oriented business impact analysis
C.
Compliance-oriented gap analysis
D.
Mapping of compliance requirements to policies and procedures
Suggested Answer:B🗳️
A compliance-oriented BIA will identify all the compliance requirements to which the enterprise has to align and their impacts on business objectives and activities. It is a discovery process meant to uncover the inner workings of any process. Hence it will also evaluate the potential impact of legal, regulatory, and contractual requirements on business objectives. Incorrect Answers: A: Communication with business process stakeholders is done so as to identify the business objectives, but it does not help in identifying impacts. C: Compliance-oriented gap analysis will only identify the gaps in compliance to current requirements and will not identify impacts to business objectives. D: Mapping of compliance requirements to policies and procedures will identify only the way the compliance is achieved but not the business impact.
A voting comment increases the vote count for the chosen answer by one.
Upvoting a comment with a selected answer will also increase the vote count towards that answer by one.
So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.
aselunar
1 month, 1 week ago