8004 無料問題集「PRMIA PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics」

（A）Long Beach Financial had losses which it hadn't realized at the time of the takeover

（B）The resulting loss rate for Washington Mutual was more than 3 times higher than other mortgage lenders tracked by the FDIC

（C）the two banks were focussed in different markets

（D）Of a general deterioration of credit quality generally

（A）The cost of borrowing for Fannie Mae and Freddie Mac should decline because the government will be standing behind their debts and the buying and selling of mortgage debt will continue

（B）Foreign Central Banks will continue to sell their holdings of Fannie Mae and Freddie Mac securities

（C）The cost of borrowing for house buyers will rise because of the risk premium now built into the cost of such a government guarantee

（D）The systemic risks still remain in the housing market because it increases the US government's debt

（A）To go through a screening process conducted by the Nominations Committee

（B）The backing of five other members and to be serving on at least one PRMIA Committee

（C）The backing of three other members

（D）The backing of 6% of local members

（A）The Fortress Re reinsurers only

（B）The fronting insurance companies

（C）Fortress Re and their reinsurers

（D）Fortress Re and other insurers

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

（B）A company culture where profits may justify "excesses."

（C）Excessive reliance on volatile trading income.

（D）Volume growth at the expense of margin.

（A）Lending to consumers and small businesses.

（B）Deposit taking activities which generated net interest income.

（C）The provision of fee based services to its customers.

（D）Complex derivative trades based on volatility indices.

（A）Is defined as the assembled knowledge and wisdom of the collective stakeholders in the organization, set to maximize shareholder value

（B）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

（C）Eliminates risk to the greatest extent possible

（D）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

（A）must be adhered to by all PRMIA member organizations

（B）is a set of recommendations based on research and best practice

（C）must be adhered to by all financial firms that are PRMIA members

（D）must be adhered to by all PRM charter holders

（A）I, III and IV only

（B）I, II and III only

（C）I and III only

（D）All of these are expected of the Financial Accounting and Reporting Infrastructure

（A）All of the Above

（B）Credit Risk

（C）Operational and Regulatory Compliance Risk

（D）Market Risk