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:

Individual

Pertaining to or characteristic of a single, particular person or thing.

Stoicism

An ancient philosophy that teaches the development of self-control and fortitude as a means of overcoming destructive emotions.

Nichomachean Ethics

An ancient Greek philosophical work by Aristotle, exploring the concept of virtue ethics and the good life for humans.

Epicurean Ethics

A system of philosophy based on the teachings of Epicurus, focusing on achieving happiness through the pursuit of pleasure and avoidance of pain.