Developing a Professional Identity as a Counselor

question 3

Multiple Choice

Developing a professional identity as a counselor:

• A) is not a good idea until your education is completed.
• B) is part of locating yourself in the "culture" of counseling.
• C) stirs up competition with other mental health professionals.
• D) does not occur until you are well-established professionally.

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Definitions:

Target Profit

Target profit is the amount of net income a company aims to achieve for a specific period as part of its financial and operational goals.

Break-Even Sales

The amount of revenue from sales needed to cover all fixed and variable expenses, at which point a business neither profits nor loses money.

Contribution Margin Ratio

A financial metric indicating the portion of sales revenue that is not consumed by variable costs, represented as a percentage of total sales.

Monthly Fixed Expense

Regular, unchanging expenses that occur on a monthly basis, such as rent or salaries, regardless of business activity levels.