Management of Warren Company has decided to respond to a particular risk by hedging the risk with futures contracts. This is an example of risk
a. Avoidance.
b. Acceptance.
c. Reduction.
d. Sharing.
Answer: D
Management of Warren Company has decided to respond to a particular risk by hedging the risk with futures contracts. This is an example of risk
a. Avoidance.
b. Acceptance.
c. Reduction.
d. Sharing.