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:

Conditional

Dependent on or subject to one or more conditions or requirements being met; not absolute.

Declarative

Relating to a type of statement that expresses a fact or opinion simply and directly.

Precise

Being exact, accurate, and clear in expression or detail.

Concise

Expressing or covering much in few words; brief in form but comprehensive in scope.