A Client Needs a Piece of Assistive Technology; However, His

question 2

Multiple Choice

A client needs a piece of assistive technology; however, his insurance is unwilling to cover the cost of the device. How should the OTA assist the client as he continues to pursue funding for this device?

• A) Talk with the caregivers about bank loan options.
• B) Explore other options, such as grants, loans, and fundraising.
• C) Explore reasonable low-tech substitutions for the device.
• D) Search the Internet for a fundraising site to use.

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Definitions:

Accounting Statements

Financial reports that provide a summary of a company’s financial condition, including income statement, balance sheet, and cash flow statement.

P/E Ratios

Price-to-Earnings Ratio, a measure of a company's current share price relative to its per-share earnings.

Quick Ratio

A financial metric that measures a company's ability to meet its short-term obligations with its most liquid assets.

Financial Statements

Formal records of the financial activities and position of a business, person, or entity, important for decision making.