Once a Client's File Is Closed, You

question 5

Multiple Choice

Once a client's file is closed, you

• A) no longer have a responsibility to maintain confidentiality.
• B) still have an obligation to maintain confidentiality.
• C) can talk about the file with family, but no one else.
• D) None of these choices is correct.

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Definitions:

Fixed Costs

Expenses that do not change in proportion to the activity of a business, such as rent, salaries, and loan payments.

Never-ending Process

A continuous, unending cycle or series of activities, often related to improvement, innovation, or development within a business context.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance costs.

Variable Costs

Expenses that change in proportion to the volume of goods or services a company produces, such as materials and labor costs.