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Exam IV Case Studies Standards Governance, Best Practices and Ethics - 2015 8009 Exam Dumps

Passcert has cracked Exam IV Case Studies Standards Governance, Best Practices and Ethics - 2015 8009 Exam Dumps which cover the new content to give confidence to clear your exam in first attempt.

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Exam IV Case Studies Standards Governance, Best Practices and Ethics - 2015 8009 Exam Dumps

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  1. 8009 Sample Test 8009 Sample Test Exam IV: Case Studies: Standards: Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics Governance, Best Practices and Ethics - 2015 Edition - 2015 Edition https://www.passcert.com/ https://www.passcert.com/8009 8009.html .html

  2. Download Passcert latest 8009 Sample Test to help you pass successfully Question 1 Employees shall be remunerated adequately for the roles that they perform, where 'adequately' is defined A. as being the market norm for similarly situated personnel in competitive organizations B. using external references and benchmarks, and in a framework which is consistent with the type of risk-taking behavior expected of employees C. using the risk reward profile for each business line in the organization D. as commensurate with policies to attract and retain high income / revenue earners Answer: B 02 03 04

  3. Download Passcert latest 8009 Sample Test to help you pass successfully Question 2 Boards of Directors, including Audit and Risk Committees must review thoroughly compensation plans of potentially "highly compensated positions" for: I. competitive market conditions II. ensuring compliance with their corporate risk appetite and fiduciary responsibility to shareholders III. ensuring any discretionary bonus plans are geared towards keeping high income / revenue generators IV. reporting all such personnel to the local regulator A. II, III and IV only B. I, II and IV only C. All of the above D. I and II only Answer: D 01 02 03 04

  4. Download Passcert latest 8009 Sample Test to help you pass successfully Question 3 What was the main risk scenario on the Metallgesellschaft trading strategy? A. Realized losses on short-term contracts against unrealized gains on the long-run contract B. The final price of the underlying being higher than the initial price C. The initial price of the underlying being higher than the final price D. The short-term price of the underlying being higher than the long-run contract Answer: A 01 02 03 04

  5. Download Passcert latest 8009 Sample Test to help you pass successfully Question 4 Several clients, including Procter and Gamble took legal action against Bankers Trust, claiming Bankers Trust A. sold them derivative products without properly advising them of the relevant risks B. did not honour its contractual obligations to pay C. was involved in accounting fraud D. hid profits Answer: A 01 02 03 04

  6. Download Passcert latest 8009 Sample Test to help you pass successfully Question 5 Which of the following was not received by Northern Rock as official support from the UK banking and government authorities? A. A covert money market support operation designed to cover up the difficulties Northern Rock was facing B. The Bank of England's role as Lender-Of-Last-resort was activated at a penalty interest rate of 150 basis points above the Bank Rate C. The UK government offered to guarantee all existing and new retail deposits, and to most other creditors D. The Bank of England provided an additional unlimited facility secured on the collateral of all Northern Rock assets Answer: A 01 02 03 04

  7. Download Passcert latest 8009 Sample Test to help you pass successfully Question 6 The problems at WorldCom can best be characterized as related to: A. Market Risk B. Credit Risk C. Operational and Regulatory Compliance Risk D. All of the Above Answer: C 01 02 03 04

  8. Download Passcert latest 8009 Sample Test to help you pass successfully Question 7 01 According to the Group of 30 Report, dealers and end-users are encouraged to: A. Use separate trading agreements for interest rate derivatives, equity derivatives and foreign exchange transactions. B. Use a common trading agreement for interest rate and equity derivatives but a separate agreement for foreign exchange transactions. C. Use one trading agreement for foreign exchange forwards and another for foreign exchange options. D. Use a single master trading agreement as widely as possible with each counter party. Answer: D 02 03 04

  9. Download Passcert latest 8009 Sample Test to help you pass successfully Question 8 Which of the following should NOT be part of the Risk Management Infrastructure? A. Define the organization's definition of risk management as articulated by the Board in clear and uncertain terms B. Include financial risk management, compliance and external reporting and, to the extent that resources allow, should exclude legal or accounting C. Be independently staffed and report to an employee who is on the Executive Committee (Operating Committee) but who is NOT a business unit leader D. Review continually the application of the Principles of Good Governance to the Risk Management Infrastructure, financial accounting and reporting infrastructure and the organization as a whole Answer: D 01 02 03 04

  10. Download Passcert latest 8009 Sample Test to help you pass successfully Question 9 The problems at Bankgesellschaft Berlin can best be characterized as failures related to: A. Market Risk B. Credit Risk C. Operational Risk D. Both B and C Answer: D 01 02 03 04

  11. Download Passcert latest 8009 Sample Test to help you pass successfully Question 10 01 Which of the following is FALSE? A. Nick Leeson also ran the back office for his trading area B. Nick Leeson dealt in complex derivatives lacking transparency of pricing C. SIMEX made inquiries to Barings Bank about large margin calls on its positions D. Nick Leeson claimed to be running an arbitrage book Answer: B 02 03 04

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