Question

The possibility that errors in projected cash flows will lead to incorrect decisions is known as ______.Multiple select question.estimation riskmanagerial incompetenceguess and blessforecasting risk

Answer 1

The risk that inaccuracies in expected cash flows may lead to poor judgments is referred to as the forecasting risk.

What is the significance of risk forecasting?

This function is especially critical for small enterprises, as inventory losses might threaten the company's future. Forecasting minimizes uncertainty.

But it comes at the cost of extra inventory, lower profits, and other unique hazards.

For more information about risk forecasting refer to the link:

https://brainly.com/question/14869476

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