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thenamehobbs thenamehobbs
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Which of the following is not a correct statement regarding business risk and financial instruments?

▸ Business risks associated with financial instruments will vary depending of the aggressiveness of a company's investing activity.

▸ Business risk will be higher for companies investing in less liquid securities.

▸ Financial services firms are exposed to very little risk with their financial instruments.

▸ Business risk for a company will be higher when investments represent a greater proportion of total assets.
Textbook 

Auditing and Assurance Services


Edition: 17th
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mbiij16mbiij16
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Financial services firms are exposed to very little risk with their financial instruments.

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