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The one sure thing about financial projections is that they will be wrong—perhaps by only a...

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Finance

The one sure thing about financial projections is that they willbe wrong—perhaps by only a little, or perhaps by a lot. Butmanagers must still make decisions. In fact, making no decision isreally a type of decision—a choice to do nothing.

How can you explain the uncertainties in financial projectionswithout scaring your audience?

Answer & Explanation Solved by verified expert
3.8 Ratings (705 Votes)
Introduction Given Question is related to taking capital budgeting decisions that involves high risk as such kind of projects are for long term and future is uncertain it involves huge investment and once such decisions are made cant be reversible in short span of time first at the time of    See Answer
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