2020年FRM练习考试第二部分：水平测试题.doc

2020 FRM ? PRE-STUDY Practice Exam Part II Updated 01/21/20 FRM Pre-Study Practice Exam Part II Table of Contents Introduction to 2020 FRM Part II Pre-Study Practice Exam3 2020 FRM Part II Pre-Study Practice Exam – Statistical Reference Table4 2020 FRM Part II Pre-Study Practice Exam – Special Instructions and Definitions5 2020 FRM Part II Pre-Study Practice Exam – Candidate Answer Sheet6 2020 FRM Part II Pre-Study Practice Exam – Questions 7 2020 FRM Part II Pre-Study Practice Exam – Answer Key16 2020 FRM Part II Pre-Study Practice Exam – Answers Explanations17 2 FRM Pre-Study Practice Exam Part II Introduction The FRM Exam is a practice-oriented examination. Its questions are derived from a combination of theory, as set forth in the core readings, and “real-world” work experience. Candidates are expected to understand risk management concepts and approaches and how they would apply to a risk manager’s day-to-day activities. The FRM Exam is also a comprehensive examination, testing a risk professional on a number of risk management concepts and approaches. It is very rare that a risk manager will be faced with an issue that can immediately be slotted into one category. In the real world, a risk manager must be able to identify any number of risk-related issues and be able to deal with them effectively. The 2020 FRM Pre-Study Part I and Part II Practice Exams have been developed to aid candidates in their preparation for the FRM Exam in May and November 2020. These Practice Exams are based on a sample of questions from prior FRM Exams and are suggestive of the questions that will be on the 2020 FRM Exam. The 2020 FRM Pre-Study Part I Practice Exam contains 25 multiple-choice questions and the 2020 FRM Pre-Study Part II Practice Exam contains 20 multiple-choice questions. The 2020 FRM Practice Exams do not necessarily cover all topics to be tested in the 2020 FRM Exam as any test samples from the universe of testable possible knowledge points. However, the question