Why should you approach every problem by drawing a timeline?
A)Timelines allow you to quickly sum cash flows over time.
B)Timelines eliminate the majority of flawed financial decisions.
C)Timelines can be used to schedule events which are yet to occur.
D)Timelines identify events in a transaction or investment that might otherwise be easily overlooked.
E)Timelines give present values at each time period.

Question

Quizplus · Accepted Answer

Drawing a timeline allows you to identify events in a transaction or investment that might be easily overlooked. For example, it can help you identify the timing of cash inflows and outflows, which can be important in determining the profitability of a project or investment. By visualizing the timeline, you can also better understand the sequence of events and make more informed decisions.

Why Should You Approach Every Problem by Drawing a Timeline