Question

Financial risk management is a component of enterprise risk management (ERM). ERM encompasses the methods and procedures used by an organization to control risks and grasp opportunities to help a firm achieve their identified objectives. Included under the heading of financial risks would be such items as:

Answer 1

Business risk.

Step-by-step explanation:

Business risk (uncertainty associated with the ability to forecast EBIT due to factors such as sales variability and operating leverage).