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.

Question

Quizplus · Accepted Answer

Drawing a timeline allows you to clearly identify the events in a transaction or investment, which might otherwise be overlooked, and helps in creating a comprehensive understanding of the problem. It also allows you to identify the sequence of events that occur over time, making it easier to sum cash flows and schedule events that may occur. Therefore, option D is the correct choice.

Why Should You Approach Every Problem by Drawing a Timeline