What Is the Average Percentage of Students Who Utilize a College

question 2

Multiple Choice

What is the average percentage of students who utilize a college counseling center in a year?

• A) 0.05
• B) 0.11
• C) 0.17
• D) 0.4
• E) Traditional aged college students are in a developmental period when many mental health issues emerge and college is a high stress environment putting students at greater risk for mental health problems. At the same time, only approximately 11% of college students will use the counseling center in a given year (Gallagher, 2014)

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Definitions:

Normal Balance

In accounting, the normal balance is the side (debit or credit) of an account that is usually increased. For example, asset accounts normally have a debit balance, while liabilities and equity accounts have a credit balance.

Direct Write-off Method

A method of accounting for bad debts that involves charging the amount of an uncollectible account directly to the expense account when it is deemed non-recoverable.

Uncollectible Receivables

Debts owed to a company that are considered to be uncollectable and are written off as a loss.

Debit Balance

Occurs when the total of debits in an account exceeds the total of credits, which can be typical for accounts like expenses, assets, and losses.