Post Utme Redeemers University 2024 Commerce Question 22

Practice objective / multiple choice question 22 from the 2024 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2024 Commerce Objective / Multiple Choice
Question 22 POST_UTME_REDEEMERS_UNIVERSITY • 2024 • COMMERCE • objective

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

Answer Options

A. Diversification
Correct Answer B. Hedging
C. Risk avoidance
D. Risk transfer
Correct Answer
B
Correct Option:
Hedging

About This Question

This is Post Utme Redeemers University 2024 Commerce Question 22. It is one of the objective questions from the 2024 Post Utme Redeemers University Commerce examination.

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