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PRMIA 8004 Exam With Confidence Using Practice Dumps

Exam Code:
8004
Exam Name:
PRM Certification - Exam IV: Case Studies
Certification:
Vendor:
Questions:
0
Last Updated:
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Exam Status:
Stable
PRMIA 8004

8004: PRM Certification Exam 2024 Study Guide Pdf and Test Engine

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PRM Certification - Exam IV: Case Studies Questions and Answers

Question 1

The "normal" credit loss profile of Washington Mutual was increased by which of the following?

Options:

A.

The general downturn in the economy of the US

B.

By lowering its own credit underwriting standards

C.

Acquisitions like Long Beach and Providian

D.

Catastrophic losses in its own credit card division

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Question 2

With respect to the Purpose of Professional Standards, in the event of any difference in standards between local laws/rules and those of PRMIA, members must

Options:

A.

use their best judgment

B.

abide by the applicable laws, rules, and regulations of PRMIA and any government and/or regulatory bodies

C.

comply with the higher standard under all circumstances

D.

refer the matter to their supervisor

Question 3

PRMIA Governance Principles

Options:

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 PRM charter holders

D.

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