Financial Managers Should Consider Taking ________ Financial Risk When Operating

question 29

Multiple Choice

Financial managers should consider taking ________ financial risk when operating risk is high,but may consider taking ________ financial risk when operating risk is low.

• A)less; less
• B)less; more
• C)more; more
• D)more; less

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Definitions:

Commercial Purposes

Activities undertaken with the intention of generating profit or revenue, as opposed to personal or non-commercial use.

Undue Advantage

Gaining benefits or advantages in an unfair or unethical manner, often at the expense of others.

Recover

The act of obtaining a return of something or compensation for loss or damage.

Easement by Prior Use

A right that is automatically granted for the continued use of a portion of property because it was visibly and continuously used prior to the division of the property.