8009 무료 덤프문제 온라인 액세스

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?

• A.selling short-term options with extremely low-risk profiles to generate premiums to cover the cost of closing out loss-making option positions
• B.selling long-term options with extremely high-risk profiles to generate premiums to cover the cost of closing out loss-making option positions
• C.selling long-term options with extremely low-risk profiles to generate premiums to cover the cost of closing out loss-making option positions
• D.selling short-term options with extremely high-risk profiles to generate premiums to cover the cost of closing out loss-making option positions

Which of the following was NOT a factor in the National Australia Bank case?

• A.Money laundering using foreign exchange trades for political leaders
• B.Improper or insufficient Board-level communication regarding the importance of risk management and oversight
• C.Inadequate back office procedures
• D.Rogue traders

Which of the following was not cited within the chain of miscalculations and deferred decisions for the downfall of Fannie Mae and Freddie Mac

• A.They did not raise enough capital to weather the storm as the housing slump expanded
• B.Under-management and under-measurement of market and liquidity risk
• C.Lawmakers postponed strenghtening regulatory oversight due to partisan infighting
• D.Extreme exposure to foreign currency exposures and losses from non-US$ mortgages

A PRMIA member is offered a highly paid work assignment on the condition that some aspects of assignment are not to be done according to PRMIA standards.
What should they do?

• A.The PRMIA member should place the integrity of the risk management profession and users of risk management above their own personal interests, and refuse the work
• B.Accept the assignment, and prior to doing any work, report the conflict of interest to the organization's compliance department
• C.Perform the assignment, noting in the final report the standards to which the assignment was done
• D.Accept the assignment, produce and deliver two reports according to both standards

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

• A.Only provided the time value of its outstanding option position
• B.None of the above
• C.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
• D.Only provided the intrinsic value of its outstanding option positions