Which of the Following Is Not a True Statement

question 103

Multiple Choice

Which of the following is not a true statement?

• A)No one is going to make you save the money you need to start an investment program.
• B)To be useful, investment objectives must be specific and measurable.
• C)Investment goals must be tailored to the particular financial needs of the individual.
• D)Because investment objectives deal with the future, it is useless to plan more than five years in the future.
• E)A long-term investment objective involves a time period of five years or more.

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Definitions:

Understand

The ability to comprehend or grasp the meaning, significance, or nature of something.

Self-report Inventories

Psychological assessment tools in which subjects answer questions about their feelings, attitudes, and behaviors, often in questionnaire form.

Personality Assessment

The measurement and evaluation of individual personality traits and characteristics, often through standardized tests or questionnaires.

Objective Approach

A method of consideration or analysis that is not influenced by personal feelings, interpretations, or prejudice; based on facts.