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Score Higher on Verified 8004 | PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics Exam Questions with Answers

Are you ready to take the PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics? To learn 8004 exam questions, smart security solutions, and move IT forward, you need the PRMIA 8004 Certification. Whether you're making security rules for the whole company or working on hard problems, PRMIA makes sure you're ready for anything. Crack4sure offers study materials and practice problems covering the exam syllabus for PRMIA Courses, including PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics. Check for daily deals to get products that can help you pass.

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  • Exam Name: PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics
  • Last Update: 04-Dec-2025
  • Questions and Answers: 110
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8004 Questions and Answers

Question # 1

According to the Group of 30 Report, deriving aggregate potential credit exposure for a counterparty by adding up the potential exposure of multiple transactions:

A.

Gives an accurate result in most cases

B.

Captures portfolio effects but not tenor differences

C.

Can easily reflect the impact of netting

D.

Overstates exposure in most cases

Question # 2

PwC concluded that the accounting policy adopted by China Aviation Oil was incorrect because it

A.

only regarded the intrinsic value (i.e. the difference between the strike price and the forward price of the underlying commodity) as the fair value of its options

B.

took into account both the intrinsic value and the time value

C.

only took into account the time value of the option (which includes recognizing the time left to maturity of the option, the volatility of the spot price of the underlying commodity, interest rates and other factors)

D.

used neither the intrinsic value nor the time value

Question # 3

Every PRMIA chapter is designed to serve the local needs of members, so they often have fairly independent planning structures and ideas. According to the PRMIA Bylaws, Regional Chapters and Regional Directors:

A.

Can have their own offices, bylaws and regulations provided they do not conflict with those of PRMIA

B.

Can have meetings that only local members are allowed to attend

C.

Can sign contracts on behalf of PRMIA without prior approval from the Board of Directors

D.

All of the above

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