__________Is a Strategy for Reducing Risk by Buying a Variety

question 19

Multiple Choice

__________is a strategy for reducing risk by buying a variety of items so that the failure of one stock or one business does not doom the entire portfolio.

• A) Restructuring
• B) Diversification
• C) Retrenchment
• D) Exit planning

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Definitions:

Balance Per Books

The amount of money shown in the company's financial records, not necessarily reflecting cash available or actual account balances due to outstanding transactions.

Error By The Company

A mistake made in the recording, classification, or processing of financial or operational information by the company.

NSF Check

A cheque that cannot be processed because the drawer's account does not have sufficient funds.

Debit Memo

A document issued by a purchaser to a seller to adjust or correct a previously issued invoice.