Which of the Following Does Not Describe a Distinguishing Difference

question 44

Multiple Choice

Which of the following does not describe a distinguishing difference between Clinical and Counselling Psychologists?

• A)Clinical and Counselling Psychologists require different training
• B)Clinical Psychologists usually have a year of internship
• C)Counselling psychologists do not require a Ph.D.
• D)Only Clinical Psychologists can work in health care facilities
• E)Salaries tend to be lower for Counselling Psychologists

---

Definitions:

Discount Rate

The interest rate used to discount future cash flows to their present value, often in the context of investment appraisal or determining the net present value.

Net Present Value

The difference between the present value of cash inflows and outflows over a period, used in capital budgeting to assess profitability of investments.

Working Capital

The difference between a company's current assets and its current liabilities.

Straight-Line Depreciation

A method of calculating the depreciation of an asset, where the asset's cost is evenly spread over its useful life.