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Instant Download PRMIA : 8009 Questions & Answers as PDF & Test Engine
- Exam Code: 8009
- Exam Name: Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition
- Updated: May 26, 2026
- No. of Questions: 112 Questions and Answers
- Download Limit: Unlimited
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PRMIA Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition Sample Questions:
1. The Chair, Vice Chair, Secretary and Treasurer of the PRMIA Board of Directors are elected by:
A) The Regional Directors
B) All PRMIA Fellow Members
C) A two-thirds affirmative vote of all members
D) The Blue Ribbon Advisory Panel
2. What was the main risk scenario on the Metallgesellschaft trading strategy?
A) The final price of the underlying being higher than the initial price
B) The initial price of the underlying being higher than the final price
C) The short-term price of the underlying being higher than the long-run contract
D) Realized losses on short-term contracts against unrealized gains on the long-run contract
3. Which items below were at the core of the problems at Bankgesellschaft Berlin?
A) Over exposure to the property market
B) Rash guarantees given to investors in property linked funds
C) Political corruption and poor management
D) All of the above
4. The Bankers Trust Case Study is about:
A) reliance on thinly traded derivatives to hedge
B) large losses at the proprietary trading desk
C) overexposure to the real estate market
D) failure to guard its clients' best interests
5. According to the G-30 Study, the risk management infrastructure's funding must be
A) determined by the regulators
B) determined at the Board level with inputs from business unit leaders
C) determined by business-unit leaders
D) determined at the Board level without influence by business unit leaders
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: D |
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