Which statement about risk management is true?
I. Risk management is concerned with the identification and treatment of loss exposures.
II. Risk management is an on-going process.
(a) I only
(b) II only
(c) both I and II
(d) neither I nor II
Answer: (c) both I and II
Business
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Most transactions in the interbank foreign exchange trading are primarily conducted via telecommunication techniques and little is conducted face-to-face
Indicate whether the statement is true or false.
Business
Explain the role of commercial banks as source of debt capital for small businesses. What types of financing are available from commercial banks?
What will be an ideal response?
Business