The uncertainty associated with every decision is referred to as:
A)opportunity cost.
B)selection of alternatives.
C)financial goals.
D)personal values.
E)risk.

Question

Quizplus · Accepted Answer

Risk is the correct answer because it refers to the uncertainty associated with every decision, especially in the context of potential losses or the variability of returns associated with a given decision.

The Uncertainty Associated with Every Decision Is Referred to As