In the CARE Documentation Format, What Does the R Stand

question 10

Multiple Choice

In the CARE documentation format, what does the R stand for?

• A) Referrals
• B) Restrictions
• C) Response of the client
• D) Recommendations for the client

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Definitions:

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health and ability to fund day-to-day operations.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated by dividing current assets by current liabilities.

Current Assets

Resources a business plans to change into cash, dispose of, or use up within either a year or its operating cycle, depending on which period extends further.

Current Liabilities

Financial obligations of a business that are due and payable within one year.