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Highly Technical Assessment Terminology Can Be Difficult for Clients to Understand

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Essay

Highly technical assessment terminology can be difficult for clients to understand.  What can a counselor do to facilitate his/her clients' understanding of their test results?   Would you be able to explain to a client what percentile , stanine, percentile rank, and standard scores are in everyday language?  Explain. ​


Definitions:

Financing Activities

Transactions with creditors and investors affecting the equity and/or long-term liability aspects of a business's balance sheet.

Direct Method

A cash flow statement preparation approach where actual cash inflows and outflows from operating activities are listed directly.

Inventory

Raw materials, work-in-process products, and finished goods that are considered to be the part of a business's assets that are ready or will be ready for sale.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials and labor.

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