UNSYSTEMATIC RISK, in securities, is price fluctuations resulting from the unique characteristics of specific securities. Unsystematic risk generally is eliminated in a well diversified portfolio. Also known as non-systematic risk.
SUMMARY ACCOUNT is a ledger account (such as a control account) whose balance represents the total of other account balances.
COOKING THE BOOKS is when a company fraudulently misrepresents the financial condition of a company by providing false or misleading information.
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