The BEST Way to Reduce Financial Risk Is To

question 217

Multiple Choice

The BEST way to reduce financial risk is to:

• A) buy stock only in a major company.
• B) buy bonds only in a major company.
• C) buy a variety of assets, both financial and physical.
• D) never buy stock in foreign companies.

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Definitions:

Accounts Receivable

Money owed to a business by its clients for goods or services provided on credit.

Visa and MasterCard

Global payment systems that facilitate transactions between merchants and card issuers to process credit and debit card payments.

Cash Sales

Transactions where payment is made in full using cash or electronic funds at the time of purchase.

Retailer

A business or person that sells goods directly to consumers for their own use.