Chapter $15$ Assignment: Using Management and Accounting Information

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As a student majoring in business administration, Haruto would like to learn more about the relationship between information available to a business decision$-$maker and risk. Which of the following is correct regarding this relationship?

Making decisions without any information is common in business.

Having accurate and complete information is common in business.

A decision made without any information is a gamble.

Theoretically, with accurate and complete information, there is still some risk.