Match the Term with Its Definition

question 12

Multiple Choice

Match the term with its definition.
-Accreditation

• A) The process by which a governmental agency grants an individual legal authority to practice a mental health discipline.
• B) The process of granting recognition to academic programs that have met certain established qualifications or standards as determined through external review.
• C) The federal law that revised the Public Health Services Act by including counselors under the definition of mental health professions.
• D) A broad array of activities pertaining to the establishment of professional training standards and regulations for practice.
• E) The first counseling-related national certification.

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Definitions:

Net Operating Income

The profit generated from a company's everyday operational activities, excluding taxes and interest.

Sales

The total revenue earned from selling goods or services over a specific time period.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, representing shareholders' ownership interest.

Residual Income

The net income that an investment or business generates above the minimum required return, often used in performance evaluation.