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What else can I help you with?
Person who risks money in hopes of a financial profit?
An investor risks money in search of financial profits. Typically, the riskier the investment the higher the payoff will be for the investor.
Is insurance a scheme or a legitimate way to protect against financial risks?
Insurance is a legitimate way to protect against financial risks by pooling resources to provide coverage for unexpected events, rather than a scheme.
Why is KYC important in the financial industry?
Know Your Customer (KYC) is important in the financial industry to prevent money laundering, terrorist financing, and other illegal activities. By verifying the identity of customers and understanding their financial activities, financial institutions can mitigate risks and comply with regulations. KYC helps maintain the integrity of the financial system and protect against fraud.
How can small businesses manage financial risks effectively?
Diversify income streams. Maintain an emergency fund. Use insurance to protect against potential losses. Consult experts to identify and mitigate risks.
Why do people purchase insurance?
People purchase insurance to protect themselves from financial losses in case of unexpected events, such as accidents, illnesses, or damage to property. Insurance provides a sense of security and helps individuals and businesses manage risks.
People willing to take risks in the hope of future financial gain?
speculators
What is a financial risks?
Business and Financial risk is defined as the risk to your professional credibility and finances if the business venture fails. This also depends on how successful the business looks like it will be.
Explore the goals functions of financial management?
Financial management is there to ensure that the organization manages its finances. It also exist so that businesses can assess risks associated with money before making investments.
What is the meaning of financial statement level risk?
Financial statement level risks are risks of materials misstatement of the financial statements. These are the same for both audit of financial statements and audit of internal control.
What do you call a person who takes financial risks to start a company?
A person who takes financial risks to start a company is called an entrepreneur
What job uses money and how?
A financial analyst uses money by assessing investment opportunities and financial performance to help organizations make informed decisions. They analyze financial data, prepare reports, and forecast future earnings, guiding companies on how to allocate their resources effectively. By evaluating risks and returns, financial analysts play a crucial role in maximizing profits and ensuring financial stability.
What are the pros cons and risks associated with Nike's?
Pros yah can beat all the asses Cons they aint none Risks people will be at you nikes all the time, gotta protect them
