Supplies, especially those kept off-site for disaster recovery or business continuity purposes, are physical assets. If these supplies are essential for the organization to continue its operations after a disruption, they would be considered in a BIA.
The correct answer is: D. Supplies kept off-site at a remote facility.
In a Business Impact Analysis (BIA), physical assets refer to tangible resources that support critical business functions. This includes items like servers, backup tapes, hardware, and supplies stored off-site that may be essential during a disruption. These are evaluated for their role in maintaining operations and recovery capabilities.
Let’s break down the other options:
- A. Personal belongings are not considered organizational assets.
- B. DR line-item revenues are financial projections, not physical assets.
- C. Cloud-based applications are digital services, typically categorized under logical or virtual assets.
If you’d like, I can walk you through how organizations typically categorize assets in a BIA. It’s a fascinating process!
The correct answer is D.
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The correct answer is D.
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Explanation: Physical assets defined in an organization's business impact analysis (BIA) could include supplies kept off-site at a remote facility. A BIA is a process that identifies an organization's critical business processes and the resources required to support them. Physical assets such as buildings, equipment, and inventory are typically identified in a BIA, as they are critical to the organization's ability to continue operating in the event of a disruption.
The correct answer to question #1 is D. Supplies kept off-site at a remote facility.
Physical assets in the context of a BIA are any tangible resources that are essential to the operation of a business. This can include things like:
Buildings and infrastructure
Equipment and machinery
Inventories and supplies
Data and records
Supplies kept off-site at a remote facility would fall into this category, as they are essential to the business' ability to operate in the event of a disruption at its primary location.
The other answer choices are incorrect:
A. Personal belongings of organizational staff members are not considered business assets, as they are not essential to the operation of the business.
B. Disaster recovery (DR) line-item revenues are not physical assets, but rather financial assets.
C. Cloud-based applications are not considered physical assets, as they are not tangible resources.
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