8009 無料問題集「PRMIA Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition」

（A）60%

（B）30%

（C）50%

（D）40%

（A）Both A and B

（B）The back offices had inadequate procedures

（C）Losses kept increasing while rogue trader(s) hid their positions

（D）None of the above

（A）Always generate credit risk to both counterparties

（B）Usually create credit risk only for the seller (to default by the buyer)

（C）Create credit risk only for the buyer (due to default by the seller) provided the premium is due, and paid, at contract initiation

（D）Create no credit risk, since the buyer need not exercise the option

（A）Both losses were eventually exposed by massive margin calls.

（B）Both relied on a star manger, supposedly in a low risk business.

（C）Both traded in illiquid and obscure markets that were easy to manipulate.

（D）Both losses grew over time, but were not discovered by management until too late.

（A）Rogue traders

（B）Money laundering using foreign exchange trades for political leaders

（C）Improper or insufficient Board-level communication regarding the importance of risk management and oversight

（D）Inadequate back office procedures

（A）All of the Above

（B）Credit Risk

（C）Operational and Regulatory Compliance Risk

（D）Market Risk

（A）to buy calls and sell puts

（B）to buy puts and sell calls

（C）to sell puts and buy calls

（D）to sell calls and buy puts

（A）Large profits can be an indicator of risk

（B）Front and back offices need to be independent

（C）All of the above

（D）Incentive plans have risk management implications

（A）determined by business-unit leaders

（B）determined at the Board level with inputs from business unit leaders

（C）determined by the regulators

（D）determined at the Board level without influence by business unit leaders

（A）I, III and IV only

（B）I, II and III only

（C）All of these are expectations of the Organization as a Whole

（D）I, II and IV only