________ risk is the risk of being unable to cover financial costs.
A) Business
B) Financial
C) Total
D) Leverage

Question

Quizplus · Accepted Answer

Financial risk specifically refers to the risk of not being able to meet financial obligations, such as debt payments or operating expenses. Business risk relates to the overall viability of a business and its ability to generate profits, while total risk encompasses all potential risks faced by a business. Leverage risk is the risk of a business being unable to meet its financial obligations due to high levels of debt.

________ Risk Is the Risk of Being Unable to Cover