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1. Diversifiable risk for a firm is related to the unique risk factors of the firm. These might include business factors, financial factors, or the
1. Diversifiable risk for a firm is related to the unique risk factors of the firm. These might include business factors, financial factors, or the products or services sold by the firm.
True or False
2. Forecasting a cash budget requires careful consideration of the timing of cash flows to include the timing of all cash flows from sales, inventory purchases, and depreciation expenses.
True or False
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