Why Should You Approach Every Problem by Drawing a Timeline

question 98

Multiple Choice

Why should you approach every problem by drawing a timeline?

• A) A timeline allows you to quickly sum cash flows over time.
• B) A timeline eliminates the majority of flawed financial decisions.
• C) A timeline can be used to schedule events which are yet to occur.
• D) A timeline identifies events in a transaction or investment which might otherwise be easily overlooked.

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Definitions:

Attributes

Qualities or features regarded as characteristic or inherent parts of something or someone.

Tolman's View

An approach in psychology proposed by Edward C. Tolman that emphasizes the role of cognition and purposive behavior in understanding learning.

Learning

A relatively permanent change in behavior potential that occurs as a result of experience.

Learned Helplessness

A scenario in which an individual is plagued by feelings of helplessness, caused by either a distressing event or repeated failures to accomplish their goals.