8004 무료 덤프문제 온라인 액세스

When supervising others, a PRMIA member must comply with

• A.PRMIA Standards
• B.local regulatory authority standards which may be less onerous than PRMIA standards
• C.the standards of the organization where the work is being performed
• D.his / her established personal standards of work approved in previous work situations

In the case of National Australia Bank, which of the following was present?

• A.A window of time between close of day for reporting purposes and back office checking that allowed traders to hide losses using fictitious trades
• B.Neither A nor B
• C.Both A and B
• D.The Board received risk management information that was incorrect, incomplete or insufficiently detailed

According to PRMIA governance principles, boards and audit committees should ...

• A.Be composed of key business unit representatives
• B.Collectively assume responsibility of understanding and reporting the effectiveness of the firm risk management infrastructure
• C.Leave shareholder accountability to senior management who decides strategic direction
• D.Review compensation plans to ensure consistency with corporate risk appetite, competitive market conditions, and fiduciary responsibility to shareholders

The sensitivity analysis required under IFRS would have done what for China Aviation Oil?

• A.None of the above
• B.Provided investors and analysts with insight into the dynamics of value changes, and the sensitivity of fair value to the underlying drivers of interest rates, exchange rates, and commodity prices
• C.Only provided the time value of its outstanding option position
• D.Only provided the intrinsic value of its outstanding option positions

A risk manager is asked to analyze the credit risk of a convertible bond. The risk manager has never analyzed convertible bonds, but does have significant expertise in credit risk. The risk manager accepts the assignment, finds a paper on the subject through the PRMIA web site and copies the method used there. The risk manager completes the assignment and delivers a report to his or her direct supervisor and the supervisor is quite pleased.
According to the PRMIA Standards of Best Practice, Conduct and Ethics (Code of Conduct), this was acceptable behavior if the following conditions were met:
I The risk manager disclosed the lack of knowledge about convertible bonds II The methodology employed is disclosed and explained III The report was just to be used for analysis and not in practice IV The risk manager was sure of his/her understanding of the paper found on the web

• A.I, II and IV
• B.I, II and III
• C.I and II
• D.I only