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Last Updated: Oct 11, 2026
No. of Questions: 112 Questions & Answers with Testing Engine
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| Certification Vendor: | Professional Risk Managers' International Association (PRMIA) |
|---|---|
| Exam Name: | PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics |
| Exam Number: | 8004 |
| Real Exam Qty: | 110 multiple-choice questions (varies slightly by test version) :contentReference[oaicite:1]{index=1} |
| Exam Price: | See PRMIA official fee schedule (varies by membership status; official site required) :contentReference[oaicite:2]{index=2} |
| Passing Score: | 60% (PRM exam standard) :contentReference[oaicite:0]{index=0} |
| Available Languages: | English |
| Certificate Validity Period: | PRM designation sustainable with continued membership; certificate validity linked to PRM status, not separate expiry |
| Exam Format: | Case study based questions, Multiple choice |
| Related Certifications: | PRM (Professional Risk Manager) Designation |
| Exam Duration: | Usually part of PRM Exam 2 structure, ~240 total for exam 2 (individual session details vary by test form) |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Computer-based testing administered through PRMIA testing windows / partner test centers; case studies integrated within multiple-choice format |
| Pre Condition: | Must be enrolled in or progressing toward the PRM designation program; detailed prerequisites and eligibility provided by PRMIA candidate guidebook or official site :contentReference[oaicite:3]{index=3} |
| Official Syllabus URL: | https://www.prmia.org/Public/Public/PRM/Case_Studies_and_Standards.aspx |
| Section | Objectives |
|---|---|
| Topic 1: Case Studies | - Long Term Capital Management (LTCM) - American Insurance Group (AIG) - Bankers Trust - Metallgesellschaft - FTX - National Australia Bank (NAB) - FX Options - Silicon Valley Bank - Operational Resilience at TSB - Washington Mutual (Wamu) - Barings - Northern Rock - WorldCom - Orange County - Lehman Brothers - Fannie Mae and Freddie Mac |
| Topic 2: Standards & Practices | - Bylaws of Professional Risk Managers' International Association, PRMIA - Principles of Good Governance Principles, PRMIA - Standards of Best Practice, Conduct and Ethics, PRMIA Ethics Committee - Group of Thirty Best Practices, Global Derivatives Study Group |
PRMIA recommends these training resources for the PRMIA PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics exam:
Follow the training with steady self-testing — the 112 practice questions from ActualTestsQuiz help you apply theory and fill any gaps the training leaves.
The official PRMIA PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics outline defines 2 domains. The leading three are Standards & Practices, Case Studies. The full list is in the topics section above, and ActualTestsQuiz's 112 practice questions cover each one.
Computer-based testing administered through PRMIA testing windows / partner test centers; case studies integrated within multiple-choice format Register for the PRMIA PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics exam through these official channels:
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The PRMIA PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics exam contains 110 multiple-choice questions (varies slightly by test version) :contentReference[oaicite:1]{index=1} to complete within Usually part of PRM Exam 2 structure, ~240 total for exam 2 (individual session details vary by test form). Timed simulation in the ActualTestsQuiz Desktop Test Engine teaches that rhythm before exam day does.
ActualTestsQuiz issues a full refund if you take the PRMIA PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics exam within 60 days of purchase and do not pass. The policy does not apply if the exam is taken within 3 days of purchase, if the exam was never actually taken, or to free materials or expired orders, and the candidate name must match the payer name. Submit a scan of your enrollment slip and the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Alternatively, exchange for two free exam products of equal value and keep your original update service. Orders arrive by email within 1 minute — contact support if nothing arrives within 2 hours.
The 8004 exam is a PRMIA certification exam validating the PRMIA PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics syllabus shown above. It belongs to these credential paths: PRM (Professional Risk Manager) Designation. Candidates in 2026 prepare for it with ActualTestsQuiz's 112 practice questions, available as a printable PDF, a Windows Desktop Test Engine, and an Online Test Engine — three versions of the same materials.
Must be enrolled in or progressing toward the PRM designation program; detailed prerequisites and eligibility provided by PRMIA candidate guidebook or official site :contentReference[oaicite:3]{index=3} Since requirements change over time, confirm the latest on the official PRMIA exam page before scheduling.
The PRMIA PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics exam requires 60% (PRM exam standard) :contentReference[oaicite:0]{index=0} to pass, and registration costs See PRMIA official fee schedule (varies by membership status; official site required) :contentReference[oaicite:2]{index=2}. A failed attempt means paying the same fee again — a readiness check with the ActualTestsQuiz engines before booking is the cheaper option.
Three versions of the same study materials: a printable, expert-prepared PDF with free demo download and instant access; a Desktop Test Engine for Windows with customizable simulation and timed modes that works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS with test history and performance review. All 112 practice questions are identical across versions. Every purchase includes 365 days of free updates, a 50% renewal discount afterward, and unlimited computer installations.
John Smith wants to run for election to the Board of Directors of PRMIA. To be nominated, he needs:
Correct Answer: C 🗳️
The problems at Bankgesellschaft Berlin can best be characterized as failures related to:
Correct Answer: B 🗳️
The early 2003 trading strategy of China Aviation oil was
Correct Answer: C 🗳️
The sensitivity analysis required under IFRS would have done what for China Aviation Oil?
Correct Answer: A 🗳️
The retrocession insurance cover was provided by
Correct Answer: A 🗳️
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