Do we use the term risk to describe an investment project where cash flows are not known in advance with certainty? Explain how?

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter19: Capital Investment
Section: Chapter Questions
Problem 20E
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Do we use the term risk to describe an investment project where cash flows are not known in advance with certainty? Explain how?

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