8005 Exam Preparation Material | Associate PRM Exam English

Prepare for the 8005 with reliable study materials, practice questions, and key exam insights.

Prepare for the 8005 Associate PRM English exam with CertQueen's independently developed study resources. Review important concepts, practice scenario-based questions, and use clear explanations to identify areas that require further study.

Question#1

What is the price of a treasury bill with $100 face maturing in 90 days and yielding 5%?

A. $95.24
B. $95.00
C. $98.78
D. $101.23

Explanation:
The price of a treasury bill can be calculated as [Future value / (1 + yield x days-to-maturity/365)] = 100/(1+5%*90/365) = $98.78.

Question#2

Which of the following is NOT part of the PRMIA Standards of Best Practice, Conduct and Ethics (Code of Conduct) Guidance on Ethical Behavior?

A. Ensure globally accepted standards are adhered to at all costs
B. Respect local customs
C. Respect local laws and regulations
D. Take responsibility for your work

Question#3

Every covariance matrix must be positive semi-definite .
If it were not then:

A. Some portfolios could have a negative variance
B. It could not be used to simulate correlated asset paths
C. The associated correlation matrix would not be positive semi-definite
D. All the above statements are true

Question#4

What is the coupon on a treasury bill?

A. The fed funds rate
B. The 3-month rate
C. 0%
D. Libor

Explanation:
Treasury bills are short-term government securities with maturities ranging from a few days to 52 weeks. Bills are sold at a discount from their face value, and do not carry a coupon.

Question#5

While doing a work assignment, a PRMIA member notices behaviour that is outside the ethical standards of their client organization and reports the matter to their immediate supervisor in the organization (if he or she wasn't the one engaging in such behaviour). The matter is neither progressed nor actioned.
The PRMIA member should:

A. stay silent on the basis that they have reported it
B. report the matter to their PRMIA chapter
C. contact the Whistle-Blowing Hotline of the organization or, if none exits, to the PRMIA Ethics Committee for guidance and assistance
D. report the matter to the organization's Compliance Dept.

Exam Code: 8005
Q & A: 352 Q&As         Updated:  Nov 11,2026

 

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What This 8005 Study Resource Helps You Do

Review Key Concepts

Review the technologies, products, processes, and practical skills covered by the current 8005 exam objectives.

Practice Scenario-Based Questions

Work through independently developed questions designed to strengthen your understanding of technical scenarios and decision-making.

Identify Knowledge Gaps

Use your results and the provided explanations to find weaker areas and focus your study more effectively.

How to Use This 8005 Preparation Material

Review the Exam Scope

Start by reviewing the topics covered by the 8005 exam. Compare them with the official exam objectives to understand the required technologies, operational tasks, and practical skills, then identify the areas that deserve the most attention.

Practice Independently

Complete a focused set of practice questions for each topic. On your first attempt, avoid referring to notes, answers, or other study resources so that you can evaluate your current understanding more accurately.

Study the Explanations

Review the answers and explanations after completing each practice session. Understand why the correct option is appropriate for the given scenario and why the other options may be incorrect or less suitable.

Close Knowledge Gaps

Keep track of incorrect answers, unfamiliar concepts, and weaker knowledge areas. Review these topics using official documentation and practical experience, then answer the related questions again to reinforce your understanding and monitor your progress.

Independent 8005 Preparation Resource

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Exam Code: 8005
Q & A: 352 Q&As
Updated:  Nov 11,2026

 

 Access Complete 8005 Preparation Material