Financial risk is defined as uncertainty regarding operating earnings based on the mix of fixed and variable operating costs.

Name: Financial risk is defined as uncertainty regarding operating earnings based on the mix of fixed and variable operating costs.
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Quizplus · Accepted Answer

Financial risk is defined as the uncertainty of a company's ability to manage its debt and financial leverage, rather than the mix of fixed and variable operating costs, which relates to operating risk.

Financial Risk Is Defined as Uncertainty Regarding Operating Earnings Based