list Question 3 Question 4 Question 5 Save Explain why it is important to understand cognitive biases in decision making Identify at least three techniques used to mitigate cognitive biases in practice Accountants must be as objective as possible in their decision making. Therefore, it is important for them to understand and be free from any bias or other influences Identity at least three techniques used to mitigate cognitive biases in practice Gather random information. Delay your final judgment until you have gathered all of the facts and information and have considered all of the alternatives Collaborate with others to predetermine outcomes EL Collaborate with others to predetermine outcomes. Delay your final judgment until you have gathered all of the facts and information and have considered all of the alternatives. Document your rationale about the alternatives. Gather random information. Generate alternatives, even when you think you have already arrived at the correct answer. Review only available information. Question list % Question 2 Question 3 Question 4 Quection 5 K Explain why it is important to understand cognitive biases in decision making. Identify at least three techniques used to mitigate cognitive biases in practice Accountants must be as objective as possible in their decision making Therefore, it is important for them to understand and be free from any bias or other influences. Identify at least three techniques used to mitigate cognitive biases in practice Gather random information Delay your final judgment until you have gathered all of the facts and information and have considered all of the alternatives Collaborate with others to predetermine outcomes. Collaborate with others to predetermine outcomes. Delay your final judgment until you have gathered all of the facts and information and have considered all of the alternatives. Document your rationale about the alternatives. Gather random information. Generate alternatives, even when you think you have already arrived at the correct answer. Review only available information