Provide Valid 8004 Dumps To Help You Prepare For PRM Certification – Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics Exam Dec 31, 2023 [Q36-Q54]

QUESTION 36
Which of the following regarding Orange County is FALSE?

QUESTION 37
The Q4 2003 trading strategy of China Aviation Oil was

QUESTION 38
Which of the following was NOT a factor in the National Australia Bank case?

QUESTION 39
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:

QUESTION 40
Which of the following was not received by Northern Rock as official support from the UK banking and government authorities?

QUESTION 41
How much of Washington Mutual’s assets were funded by customer deposits for the decade ending in 2006?

QUESTION 42
The financial intermediary services provided by Fannie Mae and Freddie Mac were designed to

QUESTION 43
What is (are) the lesson(s) of the Barings’ failure?

QUESTION 44
The Chair, Vice Chair, Secretary and Treasurer of the PRMIA Board of Directors are elected by:

QUESTION 45
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?

QUESTION 46
Up until 2006, which of the following was not a primary driver for Washington Mutual’s earning?

QUESTION 47
Which of the following are PRMIA Governance Principles?
I Independence of Key Parties
II Disclosure and Transparency
III Internal Validation
IV Solvency

QUESTION 48
Washington Mutual’s acquisition of Long Beach Financial changed its business model and increased its credit loss profile because

QUESTION 49
Which of the following would have contributed to noticing and preventing Leeson’s violations at Barings?

QUESTION 50
A risk manager finds that a client is engaged in a practice that looks like money laundering.
According to the PRMIA Standards of Best Practice, Conduct and Ethics (Code of Conduct), the risk manager should:

QUESTION 51
Which of the following are PRMIA Governance Principles?
I Sufficiency of Key Resources and Process
II State of the Art Risk Management Technology
III Ongoing Education and Discernment
IV Sufficiency of Key Competencies

QUESTION 52
The Chair of the PRMIA Board of Directors may hold the following offices:

QUESTION 53
The problems at WorldCom can best be characterized as related to:

QUESTION 54
Which US regulatory authority resolved the restructuring of Washington Mutual?