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The risk of an accounting loss from a financial instrument due to possible failure of another party to perform according to terms of the contract
The risk of an accounting loss from a financial instrument due to possible failure of another party to perform according to terms of the contract is known as
| Off-balance-sheet risk. |
| Market risk. |
| Credit risk. |
| Investment risk. |
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Managerial Accounting
Authors: Ray H Garrison, Alan Webb, Theresa Libby
11th Canadian Edition
1259275817, 978-1259275814
