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Discussion: Explaining Uncertainties.

The one sure thing about financial projections is that they will be wrong—perhaps by only a little, or perhaps by a lot. But managers must still make decisions. In fact, making no decision is really a type of decision—a choice to do nothing.

1.How can you explain the uncertainties in financial projections without scaring your audience?

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2.Discuss three disadvantages of financial projections.

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