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PRMIA 8004 Exam Syllabus Topics:

PRMIA PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics Sample Questions:

1. The Chair, Vice Chair, Secretary and Treasurer of the PRMIA Board of Directors are elected by:

A) All PRMIA Fellow Members
B) The Blue Ribbon Advisory Panel
C) The Regional Directors
D) A two-thirds affirmative vote of all members

2. Which of the following are PRMIA Governance Principles?
I Independence of Key Parties
II Disclosure and Transparency
III Internal Validation
IV Solvency

A) I, II and IV only
B) I and II only
C) I, II and III only
D) All are PRMIA Governance Principles

3. The condition where futures prices of an underlying asset are lower than cash (spot) prices is known as:

A) Backwardation
B) Reverse backwardation
C) Conchacha
D) Contango

4. The key people involved in the application of good governance and risk management must:
I be trustworthy
II be honest
III be approved by the local regulator
IV treat others fairly at all times

A) III only
B) I, II, III and IV above
C) I, II, and III only
D) I, II, and IV only

5. As a PRMIA member, you have certain responsibilities. Among these are the requirement(s) to:

A) Attend at least one PRMIA chapter meeting per year
B) All of the above
C) Vote in Board elections
D) Adhere to the PRMIA Standards of Best Practice, Conduct and Ethics

Solutions: