Which of the following is a financial risk that may be faced by a business organization?
A)injuries suffered by employees at the workplace
B)lost income after a fire loss
C)product liability risk
D)currency exchange rate risk

Question

Quizplus · Accepted Answer

Currency exchange rate risk refers to the possibility that changes in currency exchange rates can negatively impact a business's financial performance. For example, if a company has funds in a foreign currency and that currency's value declines, the company's profits could be negatively affected.

Which of the Following Is a Financial Risk That May