Question

question 18 (mandatory) (1 point)
in financial management, risk is referred to as the_________.

a) degree of uncertainty about the actual outcome of a decision

b) various strategies implemented by managers to increase returns

c) environmental factors that may affect a business adversely

d) internal factors that may disrupt the smooth functioning of a company
question 19 (mandatory) (1 point)
which of the following is the most commonly used liquidity ratio?

a) inventory turnover ratio

Explanation:

For Question 18: In financial management, risk is defined as the uncertainty associated with the outcome of a decision. Option a describes this uncertainty. Option b is about strategies (not risk), option c is external factors (risk includes more than just environmental), option d is internal disruptions (risk is broader than internal factors).
For Question 19: The most commonly used liquidity ratio is the current ratio (though options aren't fully shown, if inventory turnover is an option, it's an activity ratio, not liquidity. Common liquidity ratios are current, quick. But assuming the options, if we consider, but since the user's question for Q18: the correct option is a.

Answer:

Question 18: a) degree of uncertainty about the actual outcome of a decision
Question 19: (Note: Since options for Q19 are not fully visible, but if we assume typical options, the most common liquidity ratio is Current Ratio. If the options include it, but based on partial info, if the options are as started, the inventory turnover ratio is an activity ratio, so the correct liquidity ratio option (e.g., if there was "Current Ratio" as an option, but since not fully shown, for Q18, the answer is a) degree of uncertainty about the actual outcome of a decision)