Decision Makers Sometimes May Need to Sacrifice Precision for Timeliness

question 2

Multiple Choice

Decision makers sometimes may need to sacrifice precision for timeliness because

• A)receiving highly accurate information after the deadline has passed would enhance decision making for future periods.
• B)the nature of many business decisions requires precision in managerial accounting reports.
• C)receiving highly accurate information after the deadline has passed would be of no help.
• D)the nature of many business decisions focuses on the past rather than the future.

---

Definitions:

Synaptic Transmission

The process by which nerve impulses are transmitted across a synapse from one neuron to another.

Neurotransmitter Receptor

A specialized protein on the surface of a cell, designed to bind with specific neurotransmitters to induce changes within the cell.

Neurotransmitter

Chemicals that transmit signals across a synapse from one neuron to another in the nervous system.

Reverberating Circuit

A neural circuit where signals are sent in a continuous loop, often used in the nervous system for rhythmical activities or prolonged outputs.