Question : It is the risk of inability to meet fixed financial charges. Which of the following process is highlighted in the given statement?
Option 1: Financial planning
Option 2: Financial risk
Option 3: Business finance
Option 4: Financial management
Answer (1)
25th Jan, 2024
Correct Answer: Financial risk
Solution : Financial risk refers to risk of inability to meet fixed financial charges like interest payment, preference dividend and repayment obligations.
Hence, option B is correct.
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