The possibility that a business may not be able to repay a bank loan because of an economic downturn is referred to a OA. information risk. B. interest rate risk. C. business risk. D. materiality risk.
The possibility that a business may not be able to repay a bank loan because of an economic downturn is referred to a OA. information risk. B. interest rate risk. C. business risk. D. materiality risk.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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H1.
Transcribed Image Text:The possibility that a business may not be able to repay a bank loan because of an economic downturn is referred to as
A. information risk.
B. interest rate risk.
C. business risk.
D. materiality risk.
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