Congress (1999) Makes Which of the Following Suggestions for Determining

question 70

Multiple Choice

Congress (1999) makes which of the following suggestions for determining whether a potential dual relationship is appropriate or ethical?

• A)Affirm the responsibility of the client to avoid even the possibility of the most vulnerable persons involved.
• B)Do not discuss with colleagues the advisability of developing a dual relationship.
• C)Examine the risk of exploitation and harm to the most powerful person.
• D)Clearly define the nature of the dual relationship involved.

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Definitions:

Balance Sheet Accounts

Accounts that make up the financial statement showing a company's assets, liabilities, and equity at a specific point in time.

Statement of Stockholders' Equity

A financial document that shows changes in the value of a company's equity over a period, including shares issued, dividends, and earnings.

Income Statement

A financial statement that reports a company's financial performance over a specific accounting period, detailing revenues, expenses, and profits.

Balance Sheet

A report detailing a business's assets, debts, and owners' equity at a particular moment, offering an overview of its financial health.