Which of the Following Is a True Statement

question 120

Multiple Choice

Which of the following is a true statement?

• A)To be useful, investment goals must be written.
• B)To be useful, investment goals must be very general.
• C)Investment goals are the same for each individual.
• D)Because investment goals deal with the future, it is useless to plan more than five years in the future.
• E)A long-term investment goal involves a time period of five years or less.

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Definitions:

Preconventional Morality

The first level in Kohlberg's theory of moral development, where moral reasoning is based primarily on the consequences of actions and on external rewards and punishments.

Lawrence Kohlberg

A psychologist known for his theory of stages of moral development, which outlines how people evolve in their ethical reasoning.

Moral Reasoning

The process by which individuals make decisions about what is right and wrong based on personal, societal, and ethical criteria.

Prejudice

An unjustified or incorrect attitude (usually negative) towards an individual based solely on the individual's membership in a social group.