Focus on Individual Dynamics Changed to Focus on Family Dynamics

question 25

Multiple Choice

Focus on individual dynamics changed to focus on family dynamics in the 1940's. This shift played a role in the eventual development of which professional organization?

• A) The American Psychological Association
• B) The American Association for Marriage and Family Therapy
• C) The American Counseling Association
• D) The American Academy of Pediatrics

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Definitions:

Consolidated Net Income

The total net income of a parent company and its subsidiaries after intercompany transactions have been eliminated.

Equity Method

An accounting technique used when a company invests in another company and has significant influence over it, allowing the investor to recognize a share of the investee's net income.

Impairment Loss

A reduction in the recoverable amount of a fixed asset or intangible asset below its book value, recognized as a loss in financial statements.

Amortization Method

The process of gradually writing off the initial cost of an asset over a period, typically for intangible assets.