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What is the meaning of financial statement level risk?
Financial statement level risks are risks of materials misstatement of the financial statements. These are the same for both audit of financial statements and audit of internal control.
What do you call a person who takes financial risks to start a company?
A person who takes financial risks to start a company is called an entrepreneur
Non financial risk?
i assume by non-financial risks, you mean business risks. Business risks refer to the kind of risks that could damage the performance of the business (IE, change of management, decreasing customer base, etc)
What are the financial risks for a veterinarian?
The financial risks for a veterinarian are mainly associated with the demand for their services. A veterinarian needs to invest in modern equipment but this does not guarantee jobs.
What are the types of risks in an organization?
Types of risks in an organization, for example a business, include strategic risk and financial risk. Additional risks include operational risks and legal risks.
Person who risks money in hopes of a financial profit?
An investor risks money in search of financial profits. Typically, the riskier the investment the higher the payoff will be for the investor.
An entrepreneur risks in return for financial gain?
failure
What types of risks do financial institutions face with?
There are three major risks that financial institutions face - fluctuations in interest rates, stock prices and foriegn exchange rates.
What type of risks do financial institution face?
There are three major risks that financial institutions face - fluctuations in interest rates, stock prices and foriegn exchange rates.
Do entrepreneurs take financial risks?
Yes! An entrepreneur's financial risk comes from the amount of capital he/she invests into the business. If an entrepreneur is able to get outside financing, their financial risks are mitigated, but costs are generally associated with raising capital.
What is Forex risk?
Forex risks are financial risks in trading Forex. Depending on market moves, a trader risks losing all or a large portion of his trading capital.
Manager risks on diverting financial assets?
There are so many risks that a manager faces on diverting financial assets. This may include misuse of the assets and not getting the expected return on investment among others.
