Whereas a ______ Echoes the Client's Words, a ______ Echoes

question 21

Multiple Choice

Whereas a ______ echoes the client's words, a ______ echoes the client's emotions.

• A) paraphrase; confrontation
• B) paraphrase; reflection of feeling
• C) clarification; reflection of feeling
• D) conclusion; reflection of feeling

---

Definitions:

Business Risk

The potential for losses or less-than-expected profits within the operations of a company, not related to financial debt but to the business's environment and operations.

Levered Firms

Companies that have incurred debt. Leveraging amplifies both the potential returns and risks of investments.

Unlevered Firms

Businesses that function without incorporating debt or borrowed funds into their financing strategies.

Financial Risk

The possibility of losing money on investments or business operations due to financial market volatility, interest rate changes, or poor financial management.