Which Is Not True Concerning Clients from Diverse Backgrounds

question 8

Multiple Choice

Which is not true concerning clients from diverse backgrounds?

• A) Counseling does not work for many clients from diverse backgrounds.
• B) Minority clients are frequently misunderstood and misdiagnosed.
• C) Minority clients find therapy less helpful than white clients.
• D) Counselor-client cultural match does not increase the likelihood that counseling will be perceived more positively by a minority client.
• E) Minority clients attend counseling at lower rates than whites.

Understand the role of adjusted trial balances in preparing financial statements.

Differentiate between permanent and temporary accounts and their treatment at the end of the accounting period.

Distinguish between the roles of different types of trial balances in the accounting process.

Comprehend the impact of closing entries on the shareholders' equity section of the statement of financial position.

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Definitions:

Net Income

Represents the total profit of a company after all expenses, taxes, and costs have been subtracted from total revenues.

Adjusting Entries

Adjusting Entries are journal entries made in accounting records at the end of an accounting period to update accounts for accruals and deferrals not recorded during the period.

Real Account

An accounting record that represents assets, liabilities, and owner’s equity, and is not closed at the end of the accounting period but carried over to the next.

Nominal Account

An account related to income, expenses, losses, or gains—these accounts are closed out to the capital account at the end of an accounting period.