A news flash just appeared that caused about a dozen stocks to suddenly drop in value by about 20 percent. What type of risk does this news flash represent?

A. portfolio
B. nondiversifiable
C. market
D. unsystematic
E. total

Ans: D. unsystematic

Business

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Of the following, which has a negative effect on the computation of cash flow from operations using the indirect method?

A) Decrease in Inventory B) Increase in Accounts Payable C) Increase in Accounts Receivable D) Decrease in Prepaid Insurance

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Which of the following phrases is free of redundancies?

A) Essential items B) Big in size C) Combined together D) New beginning

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