Question
Describe the importance of accounting for cognitive bias in the risk assessment process. Provide examples of how cognitive bias may result in either the underestimation
Describe the importance of accounting for cognitive bias in the risk assessment process. Provide examples of how cognitive bias may result in either the underestimation or overestimation of risk, and why overestimating/underestimating risk is not optimal.
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Managerial Accounting
Authors: Kurt Heisinger, Joe Ben Hoyle
1st Edition
1453345299, 9781453345290
