Asset Risk, Strategic Policy Risk, Accounting Risk --- wtf is the difference?

CFA Level II
#1

I’ve seen a few of these questions pop up on the mocks… couldn’t find it in the material … does anyone know what the difference is between the following (and could you give an example?) Asset Risk Sales Risk Operating Risk Strategic Policy Risk Accounting Risk

#2

Asset risk —> the risk that assets will be missapropriated by management Strategic policy risk —> the risk that management will go on inappropriate M&A transactions Accounting risk —> the risk that FS will be incomplete, inaccurate Liability risk —> the risk that management will take on huge leverage and disadvantage shareholders I think operating risk is found in hedge funds. Sales risk —> ???

#3

let me add some more credit risk downgrade risk default risk active risk factor risk I think sales risk just means that the company has crappy sales teams that are pigs and cant sell shit.

#4

passme Wrote: ------------------------------------------------------- > let me add some more > > credit risk > downgrade risk > default risk > active risk > factor risk > > > I think sales risk just means that the company has > crappy sales teams that are pigs and cant sell > shit. Nice! I would also like to add that the asset risk, liability risk, strategic policy risk, accounting risk are found in corp finance volume.

#5

Sales Risk is not in this year’s LOS. It was in 2010’s.