According to the text, risk is defined as which of the following?

Question

Quizplus · Accepted Answer

The text defines risk as "the uncertainty of gain or loss", so the correct answer is D. A is incorrect because risk can also involve the possibility of losses. B is incorrect because not all decisions with risk necessarily result in a loss. C is incorrect because balance between return and investment is more related to risk management rather than defining risk itself.

According to the Text, Risk Is Defined as Which of the Following