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  3. a. differentiate between business risk and credit

A. Differentiate between business risk and credit risk. (2 marks) B.Differentiate between risk and uncertainty....

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Question

Accounting

A. Differentiate between business risk and credit risk. (2 marks)

B.Differentiate between risk and uncertainty. (2 marks)

C. Explain the meaning of systematic risk giving five examples. (8 marks)

D. Explain the following risk control tools and techniques:

i. Risk reassessment. (4 marks)

ii. Risk audit. (4 marks)

[TOTAL: 20 MARKS]

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