100%合格、売れ筋最上位8004試験材料は2024年最新のPRMIA練習試験合格させます [Q32-Q47]

100%合格、売れ筋最上位8004試験材料は2024年最新のPRMIA練習試験合格させます

PRM問題集で8004試験完全版問題、試験学習ガイド

質問 # 32
Select the one correct statement relative to Barings Bank.

A. Proprietary and agency trading were separate and did increase risk.
B. Proprietary and agency trading were combined and therefore did not increase risk.
C. Proprietary and agency trading were separate and therefore did not increase risk.
D. Proprietary and agency trading were combined and therefore did increase risk.

正解：D

質問 # 33
The financial intermediary services provided by Fannie Mae and Freddie Mac were designed to

A. Offer loans directly to the consumer
B. Buy mortgage-backed loans for banks and keep them all on their books, using them as collateral for the US government to borrow
C. Repackage mortgage loans made by banks and sell them on to investors as asset backed securities
D. Compete directly with banks in selling mortgaged to would-be home owners

正解：C

質問 # 34
Which of the following are PRMIA Governance Principles?
I Independence of Key Parties
II Disclosure and Transparency
III Internal Validation
IV Solvency

A. I and II only
B. All are PRMIA Governance Principles
C. I, II and IV only
D. I, II and III only

正解：A

質問 # 35
Which of the following best characterizes the problems that developed at Bankgesellschaft Berlin?

A. Volume growth at the expense of margin.
B. A company culture where profits may justify "excesses."
C. Banking is a "for-profit" business, not a means of fulfilling political goals.
D. Excessive reliance on volatile trading income.

正解：C

質問 # 36
An Organization as a Whole must:
I Provide an environment in which an Escalation Policy can be effective II Commit itself to actual enforcement of corporate governance policies III Provide ongoing education and training to all employees on the role of risk management and corporate governance in the organization IV Publish an external auditor's opinion that the corporation is in compliance with the Board's publicly stated Standards of Corporate Governance

A. I, II and IV only
B. All of these are expectations of the Organization as a Whole
C. I, II and III only
D. I, III and IV only

正解：B

質問 # 37
Which of the following would have contributed to noticing and preventing Leeson's violations at Barings?

A. All of the above
B. More senior level involvement at Barings regarding use of derivatives
C. Recognition that large profits can be an indicator of higher risk
D. Separation of front and back offices

正解：A

質問 # 38
The sensitivity analysis required under IFRS would have done what for China Aviation Oil?

A. None of the above
B. Provided investors and analysts with insight into the dynamics of value changes, and the sensitivity of fair value to the underlying drivers of interest rates, exchange rates, and commodity prices
C. Only provided the intrinsic value of its outstanding option positions
D. Only provided the time value of its outstanding option position

正解：B

質問 # 39
The Basic Knowledge a PPRMIA member should comply with, as stipulated within the PRMIA Standards of Best Practice, Conduct & Ethics, is to

A. only possess the required skills and/or certification to complete the risk assessment / management work at hand
B. learn from a qualified risk management practitioner
C. maintains and improve their professional competence and strive to maintain and improve the competence of other risk professionals
D. only improve their PERSONAL professional competence

正解：C

質問 # 40
Bankgesellschaft Berlin's failures can be best characterised as

A. credit risk caused by overexposure to the property market
B. none of the above
C. credit risk caused by a diversified portfolio of poor-quality loans
D. both A and B

正解：A

質問 # 41
With respect to the Purpose of Professional Standards, in the event of any difference in standards between local laws/rules and those of PRMIA, members must

A. abide by the applicable laws, rules, and regulations of PRMIA and any government and/or regulatory bodies
B. refer the matter to their supervisor
C. use their best judgment
D. comply with the higher standard under all circumstances

正解：D

質問 # 42
TMFI's internal procedures and management were

A. None of the above
B. absolutely unaware of their uninsured liabilities
C. aware that they had some uninsured liabilities but thought they had enough capital to withstand any uninsured losses
D. fully aware of the uninsured risks Fortress Re were taking

正解：B

質問 # 43
The Chair, Vice Chair, Secretary and Treasurer of the PRMIA Board of Directors are elected by:

A. All PRMIA Fellow Members
B. A two-thirds affirmative vote of all members
C. The Blue Ribbon Advisory Panel
D. The Regional Directors

正解：D

質問 # 44
Which of the following CANNOT be counted as a reason why LTCM was given a rescue package and not left to default?

A. The consortium wanted to keep this out of the regulators' eyes
B. Some of the banks in the rescue consortium were LTCM investors
C. Untimely unwinding of some LTCM positions would lead to large market fluctuations and possible turmoil
D. Many of the banks in the rescue consortium were among LTCM's counterparties

正解：A

質問 # 45
According to the G-30 Study, the risk management infrastructure's funding must be