Which of the Following Is Not a Systematic Risk

question 91

Multiple Choice

Which of the following is not a systematic risk?

• A) The risk that oil prices rise, increasing production costs
• B) The risk that the Federal Reserve raises interest rates
• C) The risk that the economy slows, reducing demand for your firm's products
• D) The risk that your new product will not receive regulatory approval

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Definitions:

Income Statement Account

A financial account that shows the company's revenues, expenses, and net income over a specific period.

Petty Cash Transactions

Small purchases or expenditures paid using a readily available cash fund.

Cash Over and Short

An account that reports the discrepancies between the physical count of cash and the recorded amounts in a business's financial records.

Internal Control Procedures

Systems and policies put in place by a company to ensure the accuracy and integrity of financial and accounting information, prevent fraud, and comply with laws.