4. Caesar works in the Oil & Gas industry. His wife is a stay-at-home mom, and she handles their investments. Currently, all of Caesar's 401k funds are invested in an Oil & Gas mutual fund and Marathon Oil, the company for which Caesar works. To which type of risk might Caesar and his family be exposed? a. Financial Risk b. Pure Risk c. Operational d. Diversifiable

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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4. Caesar works in the Oil & Gas industry. His wife is a stay-at-home mom,
and she handles their investments. Currently, all of Caesar's 401k funds are
invested in an Oil & Gas mutual fund and Marathon Oil, the company for
which Caesar works. To which type of risk might Caesar and his family be
exposed?
a. Financial Risk
b. Pure Risk
c. Operational
d. Diversifiable
Transcribed Image Text:4. Caesar works in the Oil & Gas industry. His wife is a stay-at-home mom, and she handles their investments. Currently, all of Caesar's 401k funds are invested in an Oil & Gas mutual fund and Marathon Oil, the company for which Caesar works. To which type of risk might Caesar and his family be exposed? a. Financial Risk b. Pure Risk c. Operational d. Diversifiable
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