Among Models Used to Develop a Financial Plan, the Following

question 44

Multiple Choice

Among models used to develop a financial plan, the following is the simplest:

• A)percentage of sales model.
• B)regression model.
• C)computer simulation model.
• D)optimization model.

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Definitions:

Piaget

Jean Piaget, a Swiss psychologist known for his pioneering work in child development, especially regarding cognitive development stages.

Sequential Design

A research method that combines cross-sectional and longitudinal designs to observe different cohorts over time.

Longitudinal Designs

Research approaches that study participants over a period of time to observe changes or developments in behavior, skills, or attitudes.

Cross-sectional

A research strategy in observational studies where information is gathered from a whole population or a representative portion, analyzed at one specific time.