Quiz - PFRS 7 - Financial Inst - Disclosures
Quiz - PFRS 7 - Financial Inst - Disclosures
Quiz - PFRS 7 - Financial Inst - Disclosures
QUIZ:
1. Mark Ngina’s Sari-sari Store has a sign that reads “Your credit is good but I need cash.” What
type of risk is Mr. Mark trying to avoid by putting up that sign?
a. credit risk
b. market risk
c. liquidity risk
d. store risk
“Formal education will make you a living; self-education will make you
a fortune.” - Jim Rohn
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