Which Three of the Following Statements Are Correct

question 10

Multiple Choice

Which three of the following statements are correct?

• A) Foreign banking in the UK is UK banks conducting transactions in sterling with non- UK residents.
• B) The main function and source of profits of wholesale banks is to take deposits and lend money.
• C) Unit trusts are open- ended collective investment funds.
• D) Pension funds typically invest between 40 and 80 per cent of their funds in shares.

Distinguish between optimistic, most likely, and pessimistic time estimates in project scheduling.

Recognize the impact of time-cost tradeoffs on project scheduling and management.

Conceptualize network diagrams and their use in project management.

Understand the essential components and types of research methods in psychology.

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Definitions:

Nondirective

A therapeutic approach where the counselor or therapist provides support and reflection without directly guiding or controlling the client's decisions or actions.

Facilitative Conditions

Environmental or interpersonal conditions that enhance the growth, learning, or performance of individuals, such as empathy, respect, and authenticity in a therapeutic setting.

Counseling Theory

A framework or model that guides counselors in understanding clients' problems, making assessments, and developing interventions.

Beck

Aaron Beck is a psychiatrist known for developing Cognitive Therapy, which later became known as Cognitive Behavioral Therapy (CBT), a primary form of psychological treatment.