Unsystematic Risk Can Be Defined As

question 8

Multiple Choice

Unsystematic risk can be defined as:

• A) the total risk to the firm.
• B) the risk of the individual security.
• C) the added risk that a firm's shares bring to a diversified portfolio.
• D) the risk of the market in general.

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Definitions:

Actual Costs

The genuine costs incurred in the production or acquisition of goods and services.

Direct Materials Price Variance

The difference between the actual cost of direct materials and the standard cost, multiplied by the actual quantity purchased.

Actual Costs

The real expenses incurred for goods, services, or other operational activities during a specific period of time.

Standard Costs

The practice of assigning an expected cost to products, with the aim of assessing performance by comparing these costs to actual costs.