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QUESTION ONE A. Define financial risk management. [2 Marks] B. List and describe three (3) different types of financial risks. [6 Marks] C. Briefly explain

QUESTION ONE

A. Define financial risk management. [2 Marks]

B. List and describe three (3) different types of financial risks. [6 Marks]

C. Briefly explain how hedging is used in financial management. [2 Marks]

D. Describe the difference between risk appetite and risk culture. [4 Marks]

E. Describe the difference between systematic and unsystematic risk. [4 Marks]

F. Outline two (2) sources of financial risk. [2 Marks]

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