Decision Makers Sometimes May Need to Sacrifice Precision for Timeliness

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.