In a Personal Financial Planning Engagement,a Conflict of Interest

question 3

Multiple Choice

In a personal financial planning engagement,a conflict of interest:

• A)Creates a need for client consent.
• B)Prohibits any objectivity.
• C)Results in termination of the engagement.
• D)Should not be disclosed to protect confidentiality.

Realize the impact of design thinking in uncovering real reasons behind user behavior and preferences.

Understand different interviewing techniques and their applications in design thinking.

Grasp the concept of design thinking stages and methodologies by different organizations.

Acknowledge the role of constraints in the design thinking process and how they can lead to innovative solutions.

---

Definitions:

Peer-assisted Learning

An educational practice where peers engage in activities that promote mutual learning and support.

Sense of Belonging

A feeling of being accepted, valued, and included in a group or community.

Teamwork

The collaborative effort of a group to achieve a common goal effectively by working together cohesively.

Self-fulfilling Prophecy

A prediction that directly or indirectly causes itself to become true due to positive feedback between belief and behavior.