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Are you ready to take the Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition? To learn 8009 exam questions, smart security solutions, and move IT forward, you need the PRMIA 8009 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 Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition. Check for daily deals to get products that can help you pass.

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  • Exam Name: Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition
  • Last Update: 05-Dec-2025
  • Questions and Answers: 110
  • Single Choice: 110 Q&A's

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8009 Questions and Answers

Question # 1

The key people involved in the application of good governance and risk management must:

I. be trustworthy

II. be honest

III. be approved by the local regulator

IV. treat others fairly at all times

A.

I, II, and III only

B.

III only

C.

I, II, and IV only

D.

I, II, III and IV above

Question # 2

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

A.

Lending to consumers and small businesses.

B.

Deposit taking activities which generated net interest income.

C.

The provision of fee based services to its customers.

D.

Complex derivative trades based on volatility indices.

Question # 3

Which of the following was the key contributory risk factor to the problems at LTCM in the summer of 1998?

I. Model Risk

II. Lack of Transparency

III. Breakdown of Historical Correlations

IV. Over Regulation by Federal Regulators

A.

I and III only

B.

III only

C.

III and IV only

D.

All of these were key elements of the problems at LTCM

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