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PRMIA 8009 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Standards and Professional Practices | - Documentation and Reporting Standards
|
| Risk Management Best Practices | - Enterprise Risk Management
|
| Governance and Regulatory Standards | - Corporate Governance
|
| Ethics and Professional Conduct | - Ethical Principles
|
PRMIA Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition Sample Questions:
1. Zheng Zhu wants to open a new PRMIA Chapter in Wuhan, China. He can do this if:
A) Approved by the Board of Directors
B) At least 100 members live within 50 miles
C) All of the above
D) A local business sponsors the chapter
2. Mary Jones wants the Bylaws of PRMIA to be changed so that people can't join PRMIA unless they meet a set of criteria she has devised with her colleagues. She can do this by getting which of the following approvals:
A) 34 of all Members
B) The Board of Directors and a majority of the Members
C) The Board of Directors, but only if the Blue Ribbon Panel affirms the change
D) The Board of Directors alone
3. Which items below were at the core of the problems at Bankgesellschaft Berlin?
A) Over exposure to the property market
B) Rash guarantees given to investors in property linked funds
C) Political corruption and poor management
D) All of the above
4. The financial intermediary services provided by Fannie Mae and Freddie Mac were designed to
A) Repackage mortgage loans made by banks and sell them on to investors as asset backed securities
B) Compete directly with banks in selling mortgaged to would-be home owners
C) Buy mortgage-backed loans for banks and keep them all on their books, using them as collateral for the US government to borrow
D) Offer loans directly to the consumer
5. Up until 2006, which of the following was not a primary driver for Washington Mutual's earning?
A) Complex derivative trades based on volatility indices.
B) The provision of fee based services to its customers.
C) Lending to consumers and small businesses.
D) Deposit taking activities which generated net interest income.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: A |






