Uncertainties:
A) Are issues about which managers have doubts
B) Do not impact accounting information, which is highly objective and reliable
C) Are preconceived notions developed without careful thought
D) Are rarely a problem in business decision making

Question

Quizplus · Accepted Answer

Uncertainties refer to issues that managers have doubts or uncertainties about, such as market conditions, future trends, and technological advancements. These uncertainties can have a significant impact on business decision making and can make it challenging to predict future outcomes. While accounting information is generally objective and reliable, uncertainties can still influence the interpretation and use of this information. Therefore, option A is the best choice.