Why are loans to households and firms considered risky? Make sure you refer to and explain the

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Why are loans to households and firms considered risky? Make sure you refer to and explain the following terms in your answer:

a. Uncertainty.

b. Moral hazard.

c. Asymmetric information.

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An enthusiastic personality who always look for something new, something creative and something out of the box. Wherever it is, I always love to break the standard procedures and to think of a new way of doing things. A result-oriented professional with an experience of 2+ years in managing overall accounting operations for the organization. A proactive leader and planner, skilled in Accounts,Finance, Accounts Payable,General Ledger, Accounts Receivable,General Accounting,MIS Reporting,Bank Reconciliations,Variance Analysis, Financial Reporting and Intercompany reporting also in expanding client base for achieving desired targets / goals. Proficient in adhering to accounting controls by following policies and procedures in compliance with legal and regulatory requirements. Experience as accounting analyst in BNY Mellon - Part of R2R Intercompany Close and Consolidation team. Responsible for managing and monitoring Intercompany books right from revenue or expense booking to Intercompany daily and monthly settlements across the globe. Responsible to make sure the affiliated books of entities are good without any breaks were the Intercompany books are closed and consolidated every month end.

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