備考FRM考試的過程中,對于真題的練習(xí)是很有必要的,F(xiàn)RM錯題解析也是需要考生認(rèn)真觀看的,下文是列舉的相關(guān)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(guān)聯(lián)考點(diǎn):風(fēng)險(xiǎn)管理目的

易錯點(diǎn)分析:認(rèn)為D也是對的,風(fēng)險(xiǎn)管理的目的不是為了ZUI小化風(fēng)險(xiǎn),而是在風(fēng)險(xiǎn)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(jǐn)慎,因?yàn)槿绻嬖诓坏赖碌男袨?,它可能會破壞公司的聲譽(yù)。

關(guān)聯(lián)考點(diǎn):金融風(fēng)險(xiǎn)案例; Bankers Trust

錯點(diǎn)分析:容易把該案例當(dāng)作是模型風(fēng)險(xiǎn)的案例而錯選A

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