At the Present Time, Psychologists

question 4

Multiple Choice

At the present time, psychologists

• A)must tell clients in advance how tests will be used and describe the limits of confidentiality.
• B)are not ethically bound to tell clients where their loyalty lies.
• C)must provide full disclosure to the institution that ordered the testing.
• D)are bound to maintain test security even if it violates the person's right to know.

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Definitions:

Fixed Costs

Expenses that do not change with the level of output or activity, such as rent, salaries, and insurance premiums.

Break-Even

The point at which total revenues equal total costs, resulting in neither profit nor loss.

Break-Even Point

The level of production or sales at which total revenues equal total expenses, resulting in neither profit nor loss.

Profit And Loss Statement

A financial statement that summarizes the revenues, costs, and expenses incurred during a specified period, usually a fiscal quarter or year.