Which of the following statements characterizes the relationship of financial estimates and financial decisions?(1 point)

Question

Responses which is the answer 100

Financial estimates use financial data to make financial decisions.
Financial estimates use financial data to make financial decisions.

Financial estimates are an objective of financial decisions.
Financial estimates are an objective of financial decisions.

Both depend on financial data.
Both depend on financial data.

Financial data is an objective of the use of financial estimates.

Answer 1

Both depend on financial data.