The Worker's Assurance That Information the Client Divulges Will Remain

question 3

Multiple Choice

The worker's assurance that information the client divulges will remain between the two of them reflects a commitment to

• A)friendship
• B)confidentiality
• C)service
• D)competence

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Definitions:

Cost Method

An accounting method in which investments are recorded at their original purchase cost, without recognizing changes in market value.

Par Value

The nominal or face value of a bond, share of stock, or coupon as indicated on a certificate or instrument.

Par Value

The nominal or face value of a bond, stock, or coupon as stated by the issuer, which is typically not indicative of its market value.

Stated Value

A nominal value assigned by a company to its issued shares, which may be above or below the market value.