最新的PRMIA ORM Certificate - 2023 Update - 8020免費考試真題

A. The entire loss amount is treated as credit risk

B. The entire loss amount is treated as operational risk.

C. The loss amount is split into credit and operational risk components.

D. The entire loss amount is treated as credit risk, but the loss is entered as a memorandum within the operational loss database and not used for capital modeling purposes.

A. Increase understanding of root causes, focus attention on remediation, and improve the quality of scenario analysis and risk assessments.

B. Increase understanding of root causes, focus attention on remediation, and ascertain responsibility for the loss event.

C. Increase understanding of root causes, focus attention on who caused the issue, and improve the quality of scenario analysis and risk assessments.

D. This is determined on a case by case basis by the HR team.

A. Risk management, in its role as second line of defense, performs the risk assessment process from beginning to end. There is no business line involvement.

B. Business owns the risk assessment process so risk management does not play a role in the process.

C. The business owns the risk assessment process, while risk management develops the framework, helps facilitate the process, and provides supervision and oversight.

D. Business management's role in the risk assessment process should be confined to oversight.

A. It allowed trading firm Alameda to borrow S65 billion of clients' money from the exchange without their permission.

B. It allowed currency traders to smooth profits and conceal losses for over two years.

C. It allowed a rapid pace of acquisitions but poor integration of acquired companies.

D. It allowed a stable coin to be removed from the ledger and added to the balance sheet.

A. Remind the attendees that they can override the results of the workshop once the risks are tallied.

B. Attend via a video connection to allow proper distance.

C. Remain objective and refrain from expressing his or her own opinions.

D. Guide the workshop toward a pre-determined conclusion, based upon known industry identified risks.

A. Creating a trial balance, balance sheet statement and cash flow statement.

B. Documenting its activities, typically by developing a Risk Management Manual and set of Risk Policies.

C. Putting in place the servers, firewalls and software to ensure cyber security.

D. Documenting its activities, typically by operating and then recording the daily operation of controls.

A. The compliance function should report to the business (even when following a three lines of defense model).

B. The compliance function should be outsourced if there is a risk function.

C. The risk function should be outsourced if there is a compliance function.

D. The compliance function should be independent of the business (following a three lines of defense model).