8004試験無料問題集（112題）「PRMIA PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics 認定」

出題：1

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

A. The Bank of England provided an additional unlimited facility secured on the collateral of all Northern Rock assets

B. The UK government offered to guarantee all existing and new retail deposits, and to most other creditors

C. The Bank of England's role as Lender-Of-Last-resort was activated at a penalty interest rate of 150 basis points above the Bank Rate

D. A covert money market support operation designed to cover up the difficulties Northern Rock was facing

正解：D 解答を投票する

出題：2

A VaR model for managing market risk at Barings Bank in London would most likely have:

A. Alerted senior management to the problems before the major losses occurred

B. Helped very little as Nick Leeson hid many trades

C. Not correctly assessed the risk in Nick Leeson's option trades as they have non-linear price characteristics

D. Been used if senior management had ever seen it

正解：B 解答を投票する

出題：3

The failure of Washington Mutual was NOT due to which one of the following?

A. It failed due to the poor quality of its assets

B. A run on its deposits by bank customers

C. Using a combination of subprime mortgage loans and credit cards

D. Low lending standards and bad quality acquisitions

正解：B 解答を投票する

出題：4

With a PRMIA member's need to reconcile their internal and external responsibility to perform their work in an independent and appropriate fiduciary manner, which of the following options must be taken into consideration when performing risk management duties?

A. Internal controls of the organization, and the local regulator

B. The local regulator, internal controls, and shareholders

C. Internal controls, and the expectations of stakeholders, shareholders, and the general public

D. Only the internal controls and compliance standards

正解：C 解答を投票する

出題：5

Zheng Zhu wants to open a new PRMIA Chapter in Wuhan, Chin
a. He can do this if:

A. At least 100 members live within 50 miles

B. Approved by the Board of Directors

C. All of the above

D. A local business sponsors the chapter

正解：B 解答を投票する

出題：6

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

A. Inadequate back office procedures

B. Rogue traders

C. Improper or insufficient Board-level communication regarding the importance of risk management and oversight

D. Money laundering using foreign exchange trades for political leaders

正解：D 解答を投票する

出題：7

Which of the following should NOT be part of the Risk Management Infrastructure?

A. Be independently staffed and report to an employee who is on the Executive Committee (Operating Committee) but who is NOT a business unit leader

B. Include financial risk management, compliance and external reporting and, to the extent that resources allow, should exclude legal or accounting

C. Review continually the application of the Principles of Good Governance to the Risk Management Infrastructure, financial accounting and reporting infrastructure and the organization as a whole

D. Define the organization's definition of risk management as articulated by the Board in clear and uncertain terms

正解：C 解答を投票する

出題：8

According to the Northern Rock Case Study, what is Forced Insolvency?

A. The bank is legally solvent but if, because it cannot fund its operations, it is forced to liquidate assets it could do so only at less than nominal values (fire sale) and this would make it legally insolvent (value of assets falls below those of liabilities)

B. The bank is solvent in that the current value of its assets (measured at book value) is more than the value of its liabilities; so even if the bank were to liquidate all of its assets it would be able to repay all depositors and other creditors

C. The bank is insolvent in that the current value of its assets (measured at book value) is less than the value of its liabilities; thus even if the bank were to liquidate all of its assets it would not be able to repay all depositors and other creditors

D. The bank is legally solvent but its current funding costs (which are likely to continue) exceed the average rate of return on its assets and hence it would soon become insolvent as it would be making losses and would eventually exhaust its equity capital

正解：A 解答を投票する

出題：9

The problems which initiated the crisis at Northern Rock during the summer of 2007 were:

A. Large customer withdrawals despite the UK regulator and the UK Treasury giving assurances that the bank was solvent

B. A general lack of confidence in mortgage backed securities associated in large part with developments in the US sub-prime mortgage market, and doubts emerging about the viability of the Northern Rock business model

C. Doubts arising about the viability of the business model which necessitated Bank of England intervention

D. A depositor run on the bank, following doubts about the viability of the Northern Rock business model

正解：B 解答を投票する

出題：10

Which is NOT part of the guidance on Professional Conduct in the PRMIA Standards of Best Practice, Conduct and Ethics (Code of Conduct)?

A. Report to the Regulator any departures from generally accepted methodology or practices

B. Clearly inform all affected parties of any apparent or actual conflicts of interest

C. Provide advice that is clear and accurate

D. Know and abide by applicable rules and regulations

正解：A 解答を投票する

8004試験無料問題集「PRMIA PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics 認定」