Post Utme Afe Babalola University 2017 Commerce Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2017 Commerce Objective / Multiple Choice
Question 22 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2017 • COMMERCE • objective

A sole trader's business is exposed to various risks, including market risk and operational risk. Which of the following is the most appropriate way to manage these risks?

Answer Options

A. Diversification of the business
B. Hedging against market fluctuations
Correct Answer C. Insurance coverage for operational risks
D. Reducing the scale of the business
Correct Answer
C
Correct Option:
Insurance coverage for operational risks

About This Question

This is Post Utme Afe Babalola University 2017 Commerce Question 22. It is one of the objective questions from the 2017 Post Utme Afe Babalola University Commerce examination.

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