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An OTA is working with a client during a treatment session. The client has recently experienced a CVA and is concerned about his new life roles as they relate to his previous roles. The client is often tearful during the treatment sessions and other times presents with a flat affect. What should the OTA document regarding the behaviors the client is exhibiting?
Impairment Loss
The amount by which the carrying value of an asset exceeds its recoverable value, necessitating a write-down of the asset’s value on the balance sheet.
IFRS
International Financial Reporting Standards, which are a set of accounting rules used globally to prepare and present financial statements.
Foreign Currency Transaction
A business operation involving the exchange of currencies from two different countries.
Spot Rate
The current market price at which a particular currency can be bought or sold for immediate delivery.
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