Additional Training Requirements and Obtained Additional Certification or Licensure as Appropriate

question 12

Multiple Choice

Additional training requirements and obtained additional certification or licensure as appropriate for all but which:

• A)Play therapy
• B)EMDR
• C)Dialectical Behavior Therapy
• D)The Empty Chair Technique

Distinguish between oral and written contracts and understand their enforceability.

Explain the significance of the Uniform Commercial Code (UCC) in relation to contract requirements.

Identify and explain exceptions to the statute of frauds.

Understand the main-purpose rule and its application to promises to pay another's debt.

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Definitions:

Break-even Point

The level of sales at which total revenues equal total expenses, resulting in no net profit or loss.

Variable Cost

Expenses that change in proportion with the level of activity or production volume, such as materials costs or sales commissions.

Fixed Costs

Expenses that do not change with the level of goods or services produced by a business over a certain period, such as rent, salaries, and loan payments.

High-low Method

A technique in managerial accounting used to estimate variable and fixed costs by analyzing the highest and lowest levels of activity.