備考FRM考試的過程中,對于真題的練習是很有必要的,FRM錯題解析也是需要考生認真觀看的,下文是列舉的相關錯題解析,一起看看吧!

Financial risk management:

A.seeks to eliminate all financial risks.

B.is the process of detecting, assessing, and managing financial risks.

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C.only focuses on managing market-related financial risks.

D.is the process of reacting to financial losses in order to minimize osses.

答案:B

解析:Financial risk management is the process of detecting, assessing, and managing financial risks.

關聯考點:風險管理目的

易錯點分析:認為D也是對的,風險管理的目的不是為了ZUI小化風險,而是在風險和收益中取得平衡。

Banker’s Trust used derivative trades for corporate clients. These trades help them achieve a high-probability, small reduction in funding costs while can also result in a low-probability, large loss. Unfortunately, the derivative trades resulted in significant losses for its clients. This case demonstrated that it’s crucial to:

A.incorporate liquidity risk into valuation models.

B.compute collateral more accurately when borrowing bonds.

C.make investigation on unknown trading strategies when large profits arise.

D.match trades with a client's needs and provide price quotes that are not influenced by the front office.

答案:D

解析:Bankers Trust的這個案例說明了充分了解客戶需求,并提供相匹配交易的重要性。它還說明了對于可被公開的任何形式的溝通,都要謹慎,因為如果存在不道德的行為,它可能會破壞公司的聲譽。

關聯考點:金融風險案例; Bankers Trust

錯點分析:容易把該案例當作是模型風險的案例而錯選A

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