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Financial risk plays a key role in the overall credit risk assessment process. True or false?

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Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2017/06/18
Ronald StoDomingo
by Ronald StoDomingo , Chief Accountant , Saudi Arabian Marketing Agencies Company Ltd.

True

financialrisk is a reality that shareholders lose money when they invest in a company beset with debts in case that the company cash flow was inadequate  to meet its financial obligations as the company uses debt financing its creditors are repaid first before the investors in the event the company becomes insolvent,

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