31. "Uncertainty" may be defined as A. The possibility that an actual amount will be the same as an expected amount. B. The possibility that an actual amount will be either higher or lower than the expected amount. C. The possibility that a budgeted amount will be the same as an estimated amount. D. The possibility that a budgeted amount will be either higher or lower than the estimated amount. B. None of the above. USE THE FOLLOWING INFORMATION FOR THE QUESTIONS 3235 32. The maximax strategy is: a. A. b. B. c. C. d. D. e. E. 33. The maximin strategy is: a. A. b. B. c. C. d. D. c. E. 34. The equally likely strategy is: a. A. b. B. c. C. d. D. e. E