Winter Special - Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: top65certs

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:
N/A
Exam Status:
Stable
PRMIA 8004

8004: PRM Certification Exam 2025 Study Guide Pdf and Test Engine

Are you worried about passing the PRMIA 8004 (PRM Certification - Exam IV: Case Studies) exam? Download the most recent PRMIA 8004 braindumps with answers that are 100% real. After downloading the PRMIA 8004 exam dumps training , you can receive 99 days of free updates, making this website one of the best options to save additional money. In order to help you prepare for the PRMIA 8004 exam questions and verified answers by IT certified experts, CertsTopics has put together a complete collection of dumps questions and answers. To help you prepare and pass the PRMIA 8004 exam on your first attempt, we have compiled actual exam questions and their answers. 

Our (PRM Certification - Exam IV: Case Studies) Study Materials are designed to meet the needs of thousands of candidates globally. A free sample of the CompTIA 8004 test is available at CertsTopics. Before purchasing it, you can also see the PRMIA 8004 practice exam demo.

PRM Certification - Exam IV: Case Studies Questions and Answers

Question 1

The Financial Accounting and Reporting Infrastructure of any organization must:

I. Accurately represent the corporation's current and known financial condition in a timely manner

II. Only use off-balance sheet transactions which have a legitimate economic, tax, risk transfer or risk mitigating purpose

III. Provide a detailed description of the Risk Management Infrastructure in the organization's Annual Report to Shareholders

IV. Provide an auditable Annual Statement of Compliance with the Board's publicly stated Standards of Corporate Governance to the Board and Audit Committee

Options:

A.

I, II and III only

B.

I, III and IV only

C.

I and III only

D.

All of these are expected of the Financial Accounting and Reporting Infrastructure

Buy Now
Question 2

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

Question 3

A risk manager has just completed a risk assessment project. The report has been given to the risk manager's direct supervisor, who refuses to escalate the material issues raised in the report. Further, the direct supervisor edits the report to remove the section describing the material risk, who then submits it to the firm's Executive Committee.

According to the PRMIA Standards of Best Practice, Conduct and Ethics (Code of Conduct), which of the following actions is most appropriate:

Options:

A.

The risk manager has submitted the report to their direct supervisor and their obligation ends at this point, nothing further should be done

B.

The risk manager should attempt to resolve the conflict with the direct supervisor, but if that does not work, they should contact the Whistle-Blowing Hotline of the organization. If no such hot-line is in place, they should contact the PRMIA Ethics Committee

C.

Escalation of the issue is against the Code of Conduct because one should respect the administrative structure of the organization

D.

If the risk manager deems it appropriate, he / she should send a copy of the original report to the CEO