Which One of the Following Is the Equity Risk Arising

question 28

Multiple Choice

Which one of the following is the equity risk arising from the daily operations of a firm?

• A)Strategic risk
• B)Financial risk
• C)Liquidity risk
• D)Industry risk
• E)Business risk

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Definitions:

Collecting

The process of obtaining payments for debts owed by individuals or businesses.

Accumulating

The process of gathering or building up a quantity over time.

Reporting

The process of preparing and conveying financial and operational information to relevant stakeholders to facilitate decision-making.

Subsidiary Ledger

A group of accounts that provide detail for accounts in the general ledger that summarize large numbers of transactions.