VIP Exclusive
ERAC Energy Risk Auditor Certification VIP Exam
ERAC — No single globally standardized 'ERAC' certification body has been confirmed; this exam is an original comprehensive practice set modeled on energy risk auditing competencies aligned with GARP ERP (Energy Risk Professional), CERA energy tracks, and industry audit frameworks used by FERC-regulated entities and commodity trading firms.
28
Questions
90m
Time Limit
70.00%
To Pass
Question 1 of 28👑 VIP
A natural gas marketing desk holds a 12-month fixed-price forward sale of 10,000 MMBtu/day at $4.20/MMBtu. The current Henry Hub forward curve for the same period averages $4.65/MMBtu. As the energy risk auditor reviewing this position, which of the following best describes the mark-to-market (MTM) treatment and its P&L impact?
Questions 2–28 and full explanations are VIP-exclusive.