Accounting information systems : Solution set

The type of risk that involves wheter sup-pliers will be paid or will be paid only after long delays is best described as which of the following:

a) equity risk
b) credit risk
c) profitability risk
d) information risk

From the accounting perspective companies engage in which three primary business activities
a) acquiring, operating, & merging
b) financing, investing, & operations
c) operating, acquiring, & growing
d) investing, operating, & liquidity