Solved

All of the Following Statements About Risk Are Correct EXCEPT

Question 43

Multiple Choice

All of the following statements about risk are correct EXCEPT:


A) Risk can be defined as the chance for financial loss.
B) The term risk is used interchangeably with uncertainty.
C) Risk refers to the certainty of returns associated with a given asset.
D) The more certain the return from an asset, the less variability and therefore less risk.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions