最新的PRMIA PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics - 8004免費考試真題

A. to sell puts and buy calls

B. to sell calls and buy puts

C. to buy puts and sell calls

D. to buy calls and sell puts

A. PRMIA Standards

B. the standards of the organization where the work is being performed

C. local regulatory authority standards which may be less onerous than PRMIA standards

D. his / her established personal standards of work approved in previous work situations

A. Report to the Regulator any departures from generally accepted methodology or practices

B. Provide advice that is clear and accurate

C. Know and abide by applicable rules and regulations

D. Clearly inform all affected parties of any apparent or actual conflicts of interest

A. LPHI Risk; Business Model; Solvency vs. Liquidity: and Deposit Protection

B. Corporate Governance; Moral Hazard; Role of Government; and Credit Risk

C. Business Model; Corporate Governance; Moral Hazard; and Deposit Protection

D. Deposit Protection; Moral Hazard; Business Model; and LPHI Risk

A. Currency Settlement

B. Basis Risk

C. Inflation

D. Interest Rate

A. The backing of 6% of local members

B. To go through a screening process conducted by the Nominations Committee

C. The backing of three other members

D. The backing of five other members and to be serving on at least one PRMIA Committee

A. Is defined as business decision making predicated on a belief in potential rewards, balanced with the knowledge, understanding and appreciation of the risk taken to pursue those potential rewards

B. Eliminates risk to the greatest extent possible

C. Is defined as that which is best practiced within an enterprise risk management framework, guided by the PRMIA Standards of Best Practice, Conduct and Ethics above all else

D. Is defined as the assembled knowledge and wisdom of the collective stakeholders in the organization, set to maximize shareholder value

A. as commensurate with policies to attract and retain high income / revenue earners

B. as being the market norm for similarly situated personnel in competitive organizations

C. using the risk reward profile for each business line in the organization

D. using external references and benchmarks, and in a framework which is consistent with the type of risk-taking behavior expected of employees

A. Volume growth at the expense of margin.

B. Excessive reliance on volatile trading income.

C. A company culture where profits may justify "excesses."

D. Banking is a "for-profit" business, not a means of fulfilling political goals.

A. only took into account the time value of the option (which includes recognizing the time left to maturity of the option, the volatility of the spot price of the underlying commodity, interest rates and other factors)

B. used neither the intrinsic value nor the time value

C. took into account both the intrinsic value and the time value

D. only regarded the intrinsic value (i.e. the difference between the strike price and the forward price of the underlying commodity) as the fair value of its options