What must be accomplished to accurately determine the financial and operational impact that could result...

A Business Impact Analysis (BIA) identifies critical functions and assesses the financial and operational impact of business disruptions. It helps prioritize recovery efforts and supports continuity planning by quantifying potential losses.

Enterprise impact analysis (A) and Managerial impact analysis (B) are not formal terms.

Critical process impact (C) is a component considered in the BIA but not the term itself.