BUISENESS MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is the simplest precaution against financial, market and production risk?
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Having large cash reserves
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Always borrowing from the bank
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Purchasing yield protection crop insurance
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Converting a sole proprietorship to an LLC
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Explanation:
Detailed explanation-1: -This is included in the category of financial risk. There are at least 4 risks included in it, namely income risk, expenditure risk, asset or investment risk, and credit risk.
Detailed explanation-2: -Which of the following are to be followed by Commercial Banks for risk management? Basel II is the second of the Basel Accords which are recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision.
There is 1 question to complete.