A trade-off in a decision situation sometimes occurs between information:
A) accuracy and relevance.
B) relevance and uniqueness.
C) accuracy and timeliness.
D) sensitivity and accuracy.
E) sensitivity and relevance.

Question

Quizplus · Accepted Answer

A trade-off between accuracy and timeliness often occurs because obtaining more accurate information can require more time, potentially making the information less timely.

A Trade-Off in a Decision Situation Sometimes Occurs Between Information