According to NASW Code of Ethics

question 49

Multiple Choice

According to NASW Code of Ethics :

• A) Social workers should always keep information confidential
• B) Sexual activities between supervisors and supervisees is prohibited
• C) Clients cannot be terminated for failing to pay an overdue balance
• D) Client records should be destroyed after services are terminated to protect the client's privacy

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Definitions:

Balance Sheet

A financial statement that provides a snapshot of a company's financial position, detailing assets, liabilities, and equity at a specific point in time.

Fair Value

The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

Book Value

The value of a company's assets as recorded in its financial statements, minus the company's total liabilities and intangible assets such as goodwill.

Goodwill

An intangible asset that arises when a buyer acquires an existing business and pays a price higher than the fair value of the identifiable tangible and intangible assets.