Types of risks associated with financial decisions may include:
A)Income risk
B)Personal risk
C)Liquidity risk
D)Inflation risk
E)All of these

Question

Quizplus · Accepted Answer

All the options listed (Income risk, Personal risk, Liquidity risk, and Inflation risk) are types of risks associated with financial decisions. Income risk involves uncertainty about future income streams, personal risk pertains to risks that can affect an individual's personal life and financial standing, liquidity risk is the risk of being unable to convert assets into cash quickly without significant loss, and inflation risk is the risk that inflation will undermine the performance of an investment.

Types of Risks Associated with Financial Decisions May Include