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PRMIA Exam 8004 Topic 8 Question 32 Discussion

Actual exam question for PRMIA's 8004 exam
Question #: 32
Topic #: 8
[All 8004 Questions]

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

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Suggested Answer: C

by Judy at Sep 10, 2024, 09:20 PM

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Mauricio
3 months ago
Haha, you guys are forgetting the most important qualification - the ability to navigate the bureaucratic maze and get the regulator's stamp of approval. That's the real key to success in this field!
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Leslie
2 months ago
So the answer is C) I, II, and IV only.
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Cherilyn
2 months ago
I think that's covered in option C, which includes being trustworthy, honest, and treating others fairly.
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Maryanne
2 months ago
True, getting the regulator's approval is crucial.
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Dalene
3 months ago
I agree, D is the correct answer. Although, I have to wonder - does the local regulator even know what 'good governance' means? Seems like they might just rubber-stamp whatever benefits them.
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Olen
3 months ago
Clearly, the answer is D. Good governance and risk management require trustworthiness, honesty, and fair treatment of others. I'm surprised anyone would think the local regulator's approval is more important than those core principles.
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Jacki
2 months ago
That's true, but it shouldn't take precedence over being trustworthy, honest, and fair.
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Ciara
2 months ago
I believe the local regulator's approval is also important for ensuring compliance.
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Ahmed
2 months ago
Definitely. Without trust and fairness, it's hard to maintain a successful organization.
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Geraldine
3 months ago
I agree. Those qualities are essential for effective leadership and decision-making.
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Amie
3 months ago
I agree. Those qualities are essential for good governance and risk management.
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Haydee
3 months ago
I think the answer is D. Trustworthiness, honesty, and fairness are all important in good governance and risk management.
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Lenny
3 months ago
I think the answer is D. Trustworthiness, honesty, and fairness are all important.
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Stephen
3 months ago
So, the answer would be D) I, II, III and IV above.
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Catarina
3 months ago
I believe they must also be approved by the local regulator.
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Ardella
3 months ago
I agree, they should also treat others fairly at all times.
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Stephen
3 months ago
I think the key people must be trustworthy and honest.
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