________ is the risk of being unable to cover financial obligations of a firm.
A) Systematic risk
B) Business risk
C) Financial risk
D) Diversifiable risk

Question

Quizplus · Accepted Answer

Financial risk refers to the risk of a firm being unable to meet its financial obligations. This can occur due to factors such as high levels of debt or insufficient cash flow. It is a type of risk that is specific to the financial structure of a company and can be affected by factors such as interest rates, credit ratings, and market conditions.

________ Is the Risk of Being Unable to Cover Financial