Welcome to TestSimulate

Pass Your Next Certification Exam Fast!

Everything you need to prepare, learn & pass your certification exam easily.

365 days free updates. First attempt guaranteed success.

Download PRMIA : 8004 Questions & Answers as PDF & Test Software

Updated: Aug 31, 2025

No. of Questions: 112 Questions & Answers with Testing Engine

Download Limit: Unlimited

Go To 8004 Questions

Choosing Purchase: "Online Test Engine"
Price: $69.00 

Reliable & Actual Study Materials for 8004 Exam Success

Our Online Test Engine & Self Test Software of TestSimulate 8004 actual study materials can simulate the exam scene so that you will have a good command of writing speed and time. Then multiple practices make you perfect while in the real PRMIA 8004 exam. The package practice version will not only provide you high-quality 8004 exam preparation materials but also various studying ways.

100% Money Back Guarantee

TestSimulate has an unprecedented 99.6% first time pass rate among our customers. We're so confident of our products that we provide no hassle product exchange.

  • Best exam practice material
  • Three formats are optional
  • 10 years of excellence
  • 365 Days Free Updates
  • Learn anywhere, anytime
  • 100% Safe shopping experience
  • Instant Download: Our system will send you the products you purchase in mailbox in a minute after payment. (If not received within 12 hours, please contact us. Note: don't forget to check your spam.)

8004 Online Engine

8004 Online Test Engine
  • Online Tool, Convenient, easy to study.
  • Instant Online Access
  • Supports All Web Browsers
  • Practice Online Anytime
  • Test History and Performance Review
  • Supports Windows / Mac / Android / iOS, etc.
  • Try Online Engine Demo

8004 Self Test Engine

8004 Testing Engine
  • Installable Software Application
  • Simulates Real Exam Environment
  • Builds 8004 Exam Confidence
  • Supports MS Operating System
  • Two Modes For Practice
  • Practice Offline Anytime
  • Software Screenshots

8004 Practice Q&A's

8004 PDF
  • Printable 8004 PDF Format
  • Prepared by 8004 Experts
  • Instant Access to Download
  • Study Anywhere, Anytime
  • 365 Days Free Updates
  • Free 8004 PDF Demo Available
  • Download Q&A's Demo

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

1. Which of the following would have contributed to noticing and preventing Leeson's violations at Barings?

A) Recognition that large profits can be an indicator of higher risk
B) More senior level involvement at Barings regarding use of derivatives
C) All of the above
D) Separation of front and back offices


2. Which of the following was the key contributory risk factor to the problems at LTCM in the summer of 1998?
I Model Risk
II Lack of Transparency
III Breakdown of Historical Correlations
IV Over Regulation by Federal Regulators

A) III only
B) III and IV only
C) All of these were key elements of the problems at LTCM
D) I and III only


3. What was the main risk scenario on the Metallgesellschaft trading strategy?

A) The final price of the underlying being higher than the initial price
B) The initial price of the underlying being higher than the final price
C) The short-term price of the underlying being higher than the long-run contract
D) Realized losses on short-term contracts against unrealized gains on the long-run contract


4. 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:

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) Escalation of the issue is against the Code of Conduct because one should respect the administrative structure of the organization
C) If the risk manager deems it appropriate, he / she should send a copy of the original report to the CEO
D) 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


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


Solutions:

Question # 1
Answer: C
Question # 2
Answer: A
Question # 3
Answer: D
Question # 4
Answer: D
Question # 5
Answer: A

The 8004 exam was hard but thanks to TestSimulate 8004 dumps I passed in my first attempt. These dumps are super valid and the best.

By Murphy

Hey guys, these 8004 dumps are real, I suggest using them I just passed using them.

By Reg

Latest dumps for 8004 certification exam by TestSimulate. Thank you so much for making it possible for me to score well in the exam. HIghly recommended to everyone.

By Toby

Best pdf study files for certified 8004 exam. I got 92% marks with the help of these. Thank you TestSimulate.

By Ada

Really glad that I do not have to pay for different materials like pdf and testing engine separately. Bundle includes all. Nice work TestSimulate.

By Candance

Best study material and pdf files for the PRMIA 8004 exam. Great work by team TestSimulate.

By Elizabeth

Disclaimer Policy: The site does not guarantee the content of the comments. Because of the different time and the changes in the scope of the exam, it can produce different effect. Before you purchase the dump, please carefully read the product introduction from the page. In addition, please be advised the site will not be responsible for the content of the comments and contradictions between users.

TestSimulate 8004 practice test engine provide users the most accurate exam materials so that users can have a good learning about your exam. Most examinees choose our practice test engine as their only exam materials and pass exam successfully. Our high-quality 8004 practice test engine should be helpful for every user if you pay attention on our exam questions. Every penny will be worth.

Or if you are afraid, we have money back guarantee policy that if you fail exam after purchasing our 8004 practice test engine, we will full refund to you soon if you send us your failure score scanned and apply for refund. No Pass, Full Refund!

Frequently Asked Questions

Are your materials surely helpful and latest?

Yes, our 8004 exam questions are certainly helpful practice materials. Our pass rate is 99%. Our 8004 exam questions are compiled strictly. Our education experts are experienced in this line many years. We guarantee that our materials are helpful and latest surely. If you want to know more about our products, you can download our PDF free demo for reference. Also we have pictures and illustration for Self Test Software & Online Engine version.

When do your products update? How often do our 8004 exam products change?

All our products are the latest version. If you want to know details about each exam materials, our service will be waiting for you 7*24*365 online. Our exam products will updates with the change of the real 8004 test. It is different for each exam code.

How long will my 8004 exam materials be valid after purchase?

All our products can share 365 days free download for updating version from the date of purchase. So don't worry. The exam materials will be valid for 365 days on our site.

How can I know if you release new version? How can I download the updating version?

We have professional system designed by our strict IT staff. Once the 8004 exam materials you purchased have new updates, our system will send you a mail to notify you including the downloading link automatically, or you can log in our site via account and password, and then download any time. As we all know, procedure may be more accurate than manpower.

Should I need to register an account on your site?

No. After purchase, our system will set up an account and password by your purchasing information. You can use it directly or you can change your password as you like. No need to register an account yourself.

Do you have money back policy? How can I get refund if fail?

Yes, we have money back guarantee if you fail exam with our products. Applying for refund is simple that you send email to us for applying refund attached your failure score scanned. Money will be back to what you pay. Normally we support Credit Card for most countries. Our refund validity is 60 days from the date of your purchase. Our customer service is 365 days warranty. Users can receive our latest materials within one year.

What is the Self Test Software? How to use it? How about Online Test Engine?

Self Test Software should be downloaded and installed in Window system with Java script. After purchase, we will send you email including download link, you click the link and download directly. If your computer is not the Window system and Java script, you can choose to purchase Online Test Engine. It is available for all device such Mac.

Can I purchase PDF files? Can I print out?

Yes, you can choose PDF version and print out. PDF version, Self Test Software and Online Test Engine cover same questions and answers. PDF version is printable.

How many computers can Self Test Software be downloaded? How about Online Test Engine?

Self Test Software can be downloaded in more than two hundreds computers. It is no limitation for the quantity of computers. So does Online Test Engine. You can use Online Test Engine in any device.

Over 68975+ Satisfied Customers

McAfee Secure sites help keep you safe from identity theft, credit card fraud, spyware, spam, viruses and online scams

Our Clients