Which of the Following Is Not an Approach for Managing

question 24

Multiple Choice

Which of the following is not an approach for managing risk:

• A)hedging
• B)gaining control over the operating environment
• C)limited use of firm-specific assets
• D)ignoring systematic risk

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Definitions:

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset since it was put into use, reducing its book value on the balance sheet.

Loss on Disposal

An accounting term referring to the loss incurred when a fixed asset is sold or disposed of for less than its carrying amount on the books.

No Gain

Refers to a situation in financial or business transactions where there is no profit or increase in value.