Departures from Commonly Accepted Practices That Could Potentially Benefit Clients

question 18

Multiple Choice

Departures from commonly accepted practices that could potentially benefit clients are referred to as:

• A) unethical boundaries.
• B) boundary crossings.
• C) boundary violations.
• D) interpersonal boundaries.

---

Definitions:

Real Interest Rates

The interest rate adjusted for inflation, reflecting the true cost of borrowing or the true yield on an investment.

Present Value

The current value of a future sum of money or stream of cash flows, given a specified rate of return.

Nominal Interest Rates

The interest rate before adjustments for inflation, representing the face value of borrowing costs.

Inflation Rate

How quickly the average cost of products and services goes up, causing the ability to purchase to decline.