A Goal Is Most Often Decided Upon by Two Parties

question 12

Multiple Choice

A goal is most often decided upon by two parties only,the client and his or her case manager.An exception is:

• A) ​A court-mandated counselee
• B) ​A violent offender
• C) ​A counselee not yet at the age of majority
• D) ​A counselee with mental retardation

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Definitions:

Nominal Rate

The Nominal Rate is the interest rate stated on a loan or financial product, not taking into account inflation or other factors that could affect the real value of the interest.

Premium

An amount paid in excess of a standard price or value, often related to insurance policies, bonds above par, or quality products.

Annual Amortization

The process of spreading out a loan or intangible asset cost over a specific period of time for accounting and tax purposes.

Interest Expense

The cost incurred by an entity for borrowed funds over a specified period of time.