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PRMIA Exam 8004 Topic 1 Question 28 Discussion

Actual exam question for PRMIA's 8004 exam
Question #: 28
Topic #: 1
[All 8004 Questions]

PwC concluded that the accounting policy adopted by China Aviation Oil was incorrect because it

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Suggested Answer: B

by Iluminada at Jul 09, 2024, 06:51 PM

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Maddie
10 months ago
I'll take 'All of the Above' for 500, Alex. Wait, wrong game show...
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Delsie
10 months ago
D, definitely. Risk management isn't just about ticking boxes, it's about creating a culture of risk awareness throughout the organization. Gotta go all-in on this one.
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Gilma
9 months ago
Yeah, I think D covers all the bases. It's about more than just following rules, it's about ingraining a mindset of risk management in everything we do.
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Glenn
10 months ago
I agree, D is the way to go. It's important to have a comprehensive approach to risk management.
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Yuki
10 months ago
I'm going to have to disagree with Jeanice. Option B covers the key elements, and I think that's the best answer. No need for all the bells and whistles.
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Mariko
10 months ago
Yeah, no need for all the extra stuff, Option B is sufficient.
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Elinore
10 months ago
I agree, Option B covers the key elements well.
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Gayla
10 months ago
I think Option B is the best choice.
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Antione
10 months ago
I think the answer is B) I, III and IV only, as these aspects are essential for a strong Risk Management Infrastructure.
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Jeanice
10 months ago
Option B seems too restrictive. I'd go with D. The organization needs a well-rounded risk management infrastructure to be effective.
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Audra
9 months ago
I agree with you both. Providing general risk management training for all employees can help create a culture of risk awareness throughout the organization.
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Bobbye
9 months ago
User 3
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Elmer
10 months ago
User 2
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Bettina
10 months ago
User 1
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Lashandra
10 months ago
I also believe that ongoing professional development for risk management staff is crucial for staying up-to-date with best practices.
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Sean
10 months ago
I think having budgets set by business unit leaders is important for accountability.
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Noemi
10 months ago
I agree, a well-rounded risk management infrastructure is essential for the organization's success.
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Lenna
10 months ago
I also believe that ongoing professional development for risk management staff is crucial for maintaining best practices.
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Caitlin
11 months ago
I think the correct answer is D. All of these are expected of the Risk Management Infrastructure. It's crucial for the organization to have a comprehensive risk management approach that avoids silos, provides ongoing training, and promotes ethical practices.
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Marleen
10 months ago
I think D is the correct answer too. It's important to have a holistic approach to risk management.
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Marleen
10 months ago
I agree, having all these aspects in the Risk Management Infrastructure is essential for the organization's success.
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Mitzie
11 months ago
I agree with Andra, it's important for the organization to have a holistic approach to risk management.
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Andra
11 months ago
I think the Risk Management Infrastructure should avoid silos of control and oversight.
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