PRMIA 8009 Actual Free Exam Questions & Community Discussion

Exam Code/Number: 8009
Exam Name/Title: Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition
Certification Provider: PRMIA
Corresponding Certification: PRM

Exam Questions: 112
Updated On: Sep 07, 2026

Question #25

Which of the following is NOT part of the PRMIA Standards of Best Practice, Conduct and Ethics (Code of Conduct) Guidance on Ethical Behavior?

A. Respect local laws and regulations

B. Respect local customs

C. Ensure globally accepted standards are adhered to at all costs

D. Take responsibility for your work

Discussion 0

Correct Answer: C Vote an answer

Question #26

As a result of the US government's intervention, which of the following is true?

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

C. The systemic risks still remain in the housing market because it increases the US government's debt

D. Foreign Central Banks will continue to sell their holdings of Fannie Mae and Freddie Mac securities

Discussion 0

Correct Answer: A Vote an answer

Question #27

MGRM's losses due to "stacking" started to increase when

A. the oil market went from strong contango to weak contango

B. the oil market went from weak backwardation to strong backwardation

C. the oil market went from backwardation to contango

D. the oil market went from contango to backwardation

Discussion 0

Correct Answer: C Vote an answer

Question #28

Which of the following was not cited within the chain of miscalculations and deferred decisions for the downfall of Fannie Mae and Freddie Mac

A. Extreme exposure to foreign currency exposures and losses from non-US$ mortgages

B. Under-management and under-measurement of market and liquidity risk

C. They did not raise enough capital to weather the storm as the housing slump expanded

D. Lawmakers postponed strenghtening regulatory oversight due to partisan infighting

Discussion 0

Correct Answer: A Vote an answer

Question #29

For the sentence
"The organization shall encourage all employees to keep abreast of the latest developments in their particular areas of expertise, through ____________, _____________, and _____________ and shall make adequate resources available to enable this to occur," Choose the correct combinations of words from the following options:

A. conferences, discussion groups, blog sites

B. courses, educational certification, journals

C. journals, courses, compliance mandates

D. courses, conferences, journals

Discussion 0

Correct Answer: D Vote an answer

Question #30

Which of the following was a key problem in the Barings Bank case?

A. Leeson was executing an arbitrage strategy even though he was not authorized to do so

B. The different time zones that the office was trading in

C. Difference in the contract sizes in the OSE and SIMEX

D. Having the back office and front office operations under the same person

Discussion 0

Correct Answer: D Vote an answer

Question #31

The problems at Bankgesellschaft Berlin can best be characterized as failures related to:

A. Operational Risk

B. Market Risk

C. Both B and C

D. Credit Risk

Discussion 0

Correct Answer: C Vote an answer

Question #32

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:

A. Can have their own offices, bylaws and regulations provided they do not conflict with those of PRMIA

B. Can sign contracts on behalf of PRMIA without prior approval from the Board of Directors

C. All of the above

D. Can have meetings that only local members are allowed to attend

Discussion 0

Correct Answer: A Vote an answer

Download Free PRMIA 8009 Demo

Simply submit your e-mail address below to get started with our free demo of your PRMIA 8009 exam.