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Which of the following statements is NOT true about financial risk management? A. Financial risk...

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Accounting

Which of the following statements is NOT true about financial risk management?

A. Financial risk management is mainly concerned with managing speculative risks.

B. Insurance is the most important risk management method for financial risks.

C. Financial derivatives can be used for managing financial risks.

D. Market risk, credit risk, and operational risk are all examples of financial risks.

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