Crack4sure Logo
3 Months Free Update
3 Months Free Update
3 Months Free Update
Which is NOT part of the guidance on Professional Conduct in the PRMIA Standards of Best Practice, Conduct and Ethics (Code of Conduct)?
The problems at Bankgesellschaft Berlin can best be characterized as failures related to:
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:
PwC concluded that the accounting policy adopted by China Aviation Oil was incorrect because it
According to the Group of 30 Report, deriving aggregate potential credit exposure for a counterparty by adding up the potential exposure of multiple transactions:
The financial intermediary services provided by Fannie Mae and Freddie Mac were designed to
Which of the following was not cited within the chain of miscalculations and deferred decisions for the downfall of Fannie Mae and Freddie Mac
Up until 2006, which of the following was not a primary driver for Washington Mutual's earning?
How much of Washington Mutual's assets were funded by customer deposits for the decade ending in 2006?
According to the PwC report China Aviation Oil, in order to avoid recording and reporting losses, the company adopted which approach covering up its losses?
Zheng Zhu wants to open a new PRMIA Chapter in Wuhan, China. He can do this if:
Boards of Directors, including Audit and Risk Committees must review thoroughly compensation plans of potentially "highly compensated positions" for:
I. competitive market conditions
II. ensuring compliance with their corporate risk appetite and fiduciary responsibility to shareholders
III. ensuring any discretionary bonus plans are geared towards keeping high income / revenue generators
IV. reporting all such personnel to the local regulator
The multi-dimensional risk problem at Northern Rock did not include which one of the combinations of the following?
A VaR model for managing market risk at Barings Bank in London would most likely have:
With respect to the Purpose of Professional Standards, in the event of any difference in standards between local laws/rules and those of PRMIA, members must
An Organization as a Whole must:
I. Provide an environment in which an Escalation Policy can be effective
II. Commit itself to actual enforcement of corporate governance policies
III. Provide ongoing education and training to all employees on the role of risk management and corporate governance in the organization
IV. Publish an external auditor's opinion that the corporation is in compliance with the Board's publicly stated Standards of Corporate Governance
The problems at Bankers Trust can best be characterized as failures related to:
Washington Mutual's acquisition of Long Beach Financial changed its business model and increased its credit loss profile because
Mary Jones wants the Bylaws of PRMIA to be changed so that people can't join PRMIA unless they meet a set of criteria she has devised with her colleagues. She can do this by getting which of the following approvals:
TESTED 12 Sep 2025