Which of the Following Statements Is TRUE

question 28

Multiple Choice

Which of the following statements is TRUE?

• A) Although many publications print the newest diagnostic manual's title as DSM-5, the correct printing requires a Roman numeral (DSM-V).
• B) As with previous editions, the current edition of the DSM instructs clinicians to provide multiaxial diagnoses.
• C) The current DSM requires a GAF score to accompany all diagnoses.
• D) The current DSM eliminates the five-axis diagnostic system.

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Definitions:

Partnership

A legal form of business operation between two or more individuals who share management and profits.

Debts Of Entity

Financial obligations that a company or individual owes to external parties or creditors.

Monetary Unit Assumption

An accounting principle that assumes money is the common denominator of economic activity and provides an appropriate basis for accounting measurement and analysis.

GAAP

Stands for Generally Accepted Accounting Principles; these are a common set of accounting principles, standards, and procedures that companies must follow when they compile their financial statements.