- Exam Code: 8009
- Exam Name: Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition
- Updated: Oct 26, 2026
- Q & A: 112 Questions and Answers
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| Section | Objectives |
|---|---|
| Topic 1: Ethics in Risk Management | - Conflict of interest management - Ethical decision-making in financial risk scenarios - Professional ethics and conduct standards |
| Topic 2: Governance | - Board responsibilities and oversight - Corporate governance structures - Internal controls and compliance systems |
| Topic 3: Risk Management Standards | - Global risk management frameworks - Regulatory and industry standards |
| Topic 4: Best Practices in Risk Management | - Risk identification and assessment processes - Risk monitoring and reporting - Enterprise risk management implementation |
Which of the following was NOT a factor in the National Australia Bank case?
Correct Answer: A 🗳️
As a result of the US government's intervention, which of the following is true?
Correct Answer: C 🗳️
Which of the following was a key problem in the Barings Bank case?
Correct Answer: C 🗳️
Barings failed to recognize that Nick Leeson's losses were increasing because:
Correct Answer: B 🗳️
Every PRMIA chapter is designed to serve the local needs of members, so they often have fairly independent planning structures and ideas. According to the PRMIA Bylaws, Regional Chapters and Regional Directors:
Correct Answer: C 🗳️
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