Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

PRMIA Exam 8010 Topic 1 Question 11 Discussion

Actual exam question for PRMIA's Operational Risk Manager (ORM) Exam exam
Question #: 11
Topic #: 1
[All Operational Risk Manager (ORM) Exam Questions]

Which of the following is not a tool available to financial institutions for managing credit risk:

Show Suggested Answer Hide Answer
Suggested Answer: B

Collateral, limits to avoid credit exposure concentrations, termination rights based upon credit ratings, third party guarantees and credit derivatives are all tools or instruments that financial institutions use to manage their credit risk. A cumulative accuracy plot measures the accuracy of ratings, and is not a tool for managing credit risk. Therefore Choice 'b' represents the correct answer.

Contribute your Thoughts:

Currently there are no comments in this discussion, be the first to comment!

Save Cancel