Wolfgang Has Just Consulted with His Supervisor

question 36

Multiple Choice

Wolfgang has just consulted with his supervisor. He is concerned that his own objectivity is being compromised because of his own personal feelings and emotions toward his client and their relationship. He sees the client much as he saw his own abusive father. Wolfgang is experiencing:

• A) Obstruction
• B) Transference
• C) Counter-transference
• D) Projection

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Definitions:

Income Summary

An account used in the closing process that summarizes the results of all revenue and expense accounts.

Capital

The wealth, whether in money or other assets, owned or employed in business by an individual, firm, or corporation.

Withdrawal Account

An account from which funds can be withdrawn by the account holder; in the context of business partnerships, it refers to an account used by an owner or partner to draw funds from the business.

Income Summary

An account used in the closing process that summarizes revenues and expenses for a period before transferring the net income to retained earnings.