David Has a History of Mental Illness, and He Has

question 66

Multiple Choice

David has a history of mental illness, and he has just attempted suicide. His roommate found him unconscious and called 911. David spent time in the hospital recovering from his self-inflicted wounds; during this time a mental health professional determined that David still remained a danger to himself and needed treatment. A court order was obtained and David was admitted to a mental health facility. What kind of commitment is this?

• A)Voluntary inpatient
• B)Involuntary inpatient
• C)Emergency detention
• D)Outpatient admission

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Definitions:

Semiannual

Occurring twice a year; a rephrasing of Semiannual Interest focusing on the period rather than the transaction.

Interest Expense

The cost incurred by an entity for borrowed funds, which can be a bank loan, bond, mortgage, or other forms of debt financing.

Discounted Bond

A bond sold for less than its face value due to prevailing interest rates being higher than the bond's coupon rate.

Amortized

The process of gradually writing off the initial cost of an asset over a period of time or spreading out a loan payment.