Which of the following is correct?

CS Executive · Financial and Strategic Management · PYQS · June 2022

(A) Business Risk does not have an impact on the past operational profitability of the firm

(B) Business Risk pertains to day-to-day operations of the firm

(C) Both (A) and (B) are correct

(D) Neither (A) nor (B) is correct

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Financial Management