Table of contents

1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

1. Introduction to Accounting

Types of Accounting

Financial Accounting

1. Introduction to Accounting

Types of Accounting

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Multiple Choice

Systematic risk is also called ______ risk.

liquidity

credit

market

unsystematic

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Verified step by step guidance

Understand the concept of systematic risk: Systematic risk refers to the risk inherent to the entire market or market segment. It is also known as market risk and cannot be eliminated through diversification.

Differentiate systematic risk from unsystematic risk: Unsystematic risk is specific to a company or industry and can be mitigated through diversification, unlike systematic risk.

Review the options provided: Liquidity risk and credit risk are types of unsystematic risks, as they pertain to specific entities or situations rather than the entire market.

Identify the correct term for systematic risk: Based on the definition, systematic risk is also called market risk because it affects the entire market rather than individual entities.

Confirm the answer: The correct answer is 'market,' as systematic risk is synonymous with market risk.