Risk That Affects a Single Company Is Called ______ Risk

question 19

Multiple Choice

Risk that affects a single company is called ______ risk.

• A) Systematic
• B) Market
• C) Unsystematic
• D) Alpha
• E) Nondiversifiable

---

Definitions:

Cost Of Goods Manufactured

The cost of goods manufactured is the total production cost of goods completed during a specific period, including materials, labor, and overhead.

Unadjusted Cost Of Goods Sold

Unadjusted Cost of Goods Sold refers to the direct costs associated with the production of goods sold by a company before any adjustments for returns, discounts, or allowances.

Job-Order Costing

A financial tracking approach designed to monitor expenses and determine the profit margins of specific projects or groups.

Overapplied Overhead

A situation where the allocated manufacturing overhead cost is more than the actual overhead incurred.