Firm-Specific Risk Is Also Referred to as

question 39

Multiple Choice

Firm-specific risk is also referred to as

• A) systematic riskor diversifiable risk.
• B) systematic riskor market risk.
• C) diversifiable risk or market risk.
• D) diversifiable risk or unique risk.

---

Definitions:

Government

The governing body of a nation, state, or community that is responsible for making and enforcing laws.

Administrative Costs

These are expenses associated with the day-to-day operations of a business or organization, including clerical, administrative, and managerial activities.

Tax

An obligatory fiscal payment or alternative form of assessment charged by a governmental body on taxpayers, intended to support governmental budgeting and diverse public spending.

Quota

A governmental restriction on the quantity of a specific good that can be imported or exported within a given time frame, used to regulate trade.