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PRMIA 8009 Dumps Questions Answers

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Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition

Last Update Jun 16, 2025
Total Questions : 110

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PRMIA 8009 Exam Dumps FAQs

The PRMIA 8009 PRM Certification exam consists of 60 multiple-choice questions. The duration of the exam is 2 hours, and the passing score is 70%.
The PRMIA 8009 PRM Certification exam focuses on credit and counterparty risk management, covering topics like risk measurement, regulatory frameworks, and practical applications. It prepares candidates for managing financial risks effectively.
ClapGeek provides comprehensive 8009 study materials, including updated exam dumps, practice tests, and a detailed study guide tailored to the PRMIA 8009 syllabus. Our 8009 preparation material focus on key topics and 8009 exam questions answers to help you prepare effectively.

To prepare the PRMIA 8009 exam effectively:

  • Review the 8009 study material thoroughly.
  • Use 8009 practice tests to identify weak areas.
  • Study the 8009 dumps questions regularly to understand the question patterns.
  • Create a study schedule and stick to it for consistent progress.
Yes, all 8009 exam questions answers are available as downloadable PDF format. You can access them immediately after purchase to begin your preparation.

The PRMIA 8009 and 8014 exams are part of the Professional Risk Manager (PRM) certification program, but they focus on different areas of risk management:

  • PRMIA 8009 Exam: The PRMIA 8009 Exam covers Foundational Theories and Techniques for Risk Management. It includes topics like the basics of risk management, financial theories, and risk measurement techniques.
  • PRMIA 8014 Exam: The PRMIA 8014 Exam is centered on Enterprise Risk Management Frameworks and Practices for Operational Risk Management. It includes topics like operational risk management, risk management frameworks, and practices for market risk and asset liability management.
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Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition Questions and Answers

Questions 1

Which of the following would have contributed to noticing and preventing Leeson's violations at Barings?

Options:

A.

Separation of front and back offices

B.

More senior level involvement at Barings regarding use of derivatives

C.

Recognition that large profits can be an indicator of higher risk

D.

All of the above

Questions 2

The problems at Bankers Trust can best be characterized as failures related to:

Options:

A.

Market Risk

B.

Credit Risk

C.

Operational and Regulatory Compliance Risk

D.

All of the Above

Questions 3

The Fortress Re accounting risk transfer procedures

Options:

A.

made it straightforward for TFMI to determine whether risk had actually been transferred and they decided not to take out more catastrophe insurance cover

B.

made it difficult for TFMI to determine whether risk had actually been transferred so they had to take out additional catastrophe insurance cover

C.

made it straightforward for TFMI to determine when the risk had been transferred and to take out additional catastrophe insurance cover

D.

made it difficult for TFMI to determine whether risk had actually been transferred and whether it had sufficient catastrophe insurance cover