Final answer:
Complying with accounting standards and incurring financial loss is an example of regulatory and political issues as a strategic risk.
Step-by-step explanation:
The financial loss from investing time and money to comply with accounting standards is an example of Regulatory and political issues as a strategic risk. Businesses must adhere to regulatory frameworks, which can often entail significant costs to remain compliant. These can be seen as a form of investment too, as non-compliance can lead to greater losses, such as fines or legal expenses. However, this adherence can also be a burden that affects the financial assets of a company. Navigating through these regulatory and political landscapes is challenging and can impact a firm's ability to remain flexible and respond efficiently to uncertain market conditions.