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A Basic Principle of Person-Centred Therapy Is That the Therapist

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A basic principle of person-centred therapy is that the therapist must


Definitions:

Capital Lease

A lease agreement that grants the lessee control over an asset, and is recorded as an asset on their balance sheet, essentially treating it like a purchase.

Operating Leases

Lease agreements that allow for the use of an asset but do not convey rights of ownership, typically used for short-term leasing of equipment or vehicles.

Return On Assets

A financial metric that measures how efficiently a company's management is using its assets to generate earnings.

GAAP

Acronym for Generally Accepted Accounting Principles; the standard framework of guidelines for financial accounting used in any given jurisdiction.

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