Explain the Social Workers' Ethical Responsibility to Clients Under the Principle

question 5

Essay

Explain the social workers' ethical responsibility to clients under the principle of conflict of interest.

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Definitions:

Credits

Accounting entries that increase liabilities or decrease assets, representing the opposite of debits in the double-entry bookkeeping system.

Highly Leveraged

Describes a company or investment that has a high level of debt relative to equity, indicating a potentially higher risk and return profile.

Debt

An amount of money borrowed by one party from another, under the condition that it is to be paid back at a later date, usually with interest.

Financial Leverage

Financial leverage describes the use of borrowed funds to increase the potential return of an investment.