8009 PRMIA Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition Free Practice Exam Questions (2025 Updated)
Prepare effectively for your PRMIA 8009 Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition certification with our extensive collection of free, high-quality practice questions. Each question is designed to mirror the actual exam format and objectives, complete with comprehensive answers and detailed explanations. Our materials are regularly updated for 2025, ensuring you have the most current resources to build confidence and succeed on your first attempt.
Mary Jones wants the Bylaws of PRMIA to be changed so that people can't join PRMIA unless they meet a set of criteria she has devised with her colleagues. She can do this by getting which of the following approvals:
As a PRMIA member, you have certain responsibilities. Among these are the requirement(s) to:
According to LTCM managers:
When supervising others, a PRMIA member must comply with
Which of the following is FALSE?
The problems at Bankgesellschaft Berlin can best be characterized as failures related to:
The Bankers Trust Case Study is about:
As LTCM started to have major losses, it compounded its problems by doing what?
According to the PwC report China Aviation Oil, in order to avoid recording and reporting losses, the company adopted which approach covering up its losses?
Unlike the case at Barings Bank, National Australia Bank:
The Basic Knowledge a PPRMIA member should comply with, as stipulated within the PRMIA Standards of Best Practice, Conduct & Ethics, is to
For the sentence
"The organization should have at its disposal employees who have adequate _________, ________ and _______ to perform the tasks assigned to them",
Choose the correct combination of words from the following options:
How much of Washington Mutual's assets were funded by customer deposits for the decade ending in 2006?
As a result of the US government's intervention, which of the following is true?
The hedging strategy employed by MG Refining & Marketing has been called:
Which of the following was NOT a factor in the National Australia Bank case?
The Chief Risk Officer is responsible for the management of the Risk Management Infrastructure, and as such helps the Board define, and then implements throughout the organization, the risk appetite of the organization.
Which of the following is also the responsibility of the Chief Risk Officer?
A VaR model for managing market risk at Barings Bank in London would most likely have:
When considering the performance of Northern Rock within its peer group of banks, which of the following is not correct?
The Financial Accounting and Reporting Infrastructure of any organization must:
I. Accurately represent the corporation's current and known financial condition in a timely manner
II. Only use off-balance sheet transactions which have a legitimate economic, tax, risk transfer or risk mitigating purpose
III. Provide a detailed description of the Risk Management Infrastructure in the organization's Annual Report to Shareholders
IV. Provide an auditable Annual Statement of Compliance with the Board's publicly stated Standards of Corporate Governance to the Board and Audit Committee
