When there is multiple possible outcomes from a decision, the result is:
A) a small margin of error in firm forecasts.
B) greater possible losses.
C) a significant degree of uncertainty.
D) lower overall risk.
E) greater expected returns.

Question

Quizplus · Accepted Answer

When there are multiple possible outcomes from a decision, there is a significant degree of uncertainty about what the outcome will be. This can make it difficult to predict the future and can lead to a higher level of risk.

When There Is Multiple Possible Outcomes from a Decision, the Result