Which one of the following is the best example of unsystematic risk?
A. increase in market interest rates
B. change in corporate tax rates
C. decrease in company sales
D. This risk is related to expected portfolio returns
E. increase in inflation
Answer: C
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A marketing return on investment of 150 percent means that for every dollar invested in marketing and sales expenses, the company is realizing $1.50 in marketing profits
Indicate whether the statement is true or false
A system in which the central bank attempts to achieve a certain rate of change in the overall price level within some period is referred to as
A. disinflation equilibrium. B. deflation. C. inflation targeting. D. rational expectations trapping.
Which statement is not correct? The general ledger master file
a. is based on the firm's chart of account b. contains a record for control accounts c. is an output of the Financial Reporting System (FRS) d. supplies information for management decision making
Which statement about meetings is correct?
a. You should not excuse yourself from a meeting that is running late. b. Meetings should begin on time even if several people are late.