Which of the Following Is NOT an Example of Unsystematic

question 44

Multiple Choice

Which of the following is NOT an example of unsystematic risk for a company?

• A) The company announces a merger with a competitor.
• B) The chief financial officer resigns.
• C) The company loses competitiveness relative to other companies.
• D) Changes occur in the level of company tax rates.

---

Definitions:

Cost of Goods Manufactured

The total expense incurred in manufacturing goods, including materials, labor, and overhead costs, within a specific period.

Income Statement

A financial statement showing the company's revenues and expenses over a specific period, leading to net profit or loss for that period.

Indirect Labor

Labor costs associated with employees who do not directly work on a product but support the production process.

Factory Overhead

Indirect manufacturing costs that are not directly tied to the production of goods, such as maintenance, utilities, and salaries for management.