A Danger of Forecasting Discussed in the Text Is That

Multiple Choice

A danger of forecasting discussed in the text is that

A) in most cases, the expense of collecting the necessary data exceeds the benefit.
B) the retrospective nature of forecasting provides little information about the future.
C) managers may view uncertainty as black and white while ignoring important gray areas.
D) it can create legal problems for the firm if regulators discover the company is making forecasts.