4.1)Evaluate the significance of financing and investment consideration in risk
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- Define the term exposure to financial risk?Financial risk management encompasses the management of (a) operational risk, strategic risk, and credit risk (b) credit risk, market risk, and liquidity risk (c) compliance risk, credit risk, and strategic risk (d) pure risk, speculative risk, and strategic riskEvaluate three commonly used approaches to quantifying financial risks.
