Which of the Following Is Not a Topic That Should

question 20

Multiple Choice

Which of the following is not a topic that should be discussed to assist clients in financial literacy in the area of investments?

• A)Appreciating diversification and the benefits of long term investing.
• B)Understanding the advantage of index funds for low maintenance supervision.
• C)How to deal with impulsive investment behavior.
• D)Explaining the most attractive way to purchase investment selections.
• E)All of the above should be discussed to assist clients in financial literacy in the area of debt.

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Definitions:

Nominal Group Technique

A systematic technique for collective idea generation that supports participation from each member, utilized for ideating and ordering concepts.

Scenario Planning

A strategic planning method used to make flexible long-term plans based on various plausible future scenarios.

Scenario Planning

Scenario planning is a strategic planning method that organizations use to envision and prepare for various future possibilities to enhance decision-making processes.

Delphi Technique

A structured communication technique, often used in forecasting, which involves a panel of experts who anonymously discuss and converge on a consensus.