Rose Is a Korean-Speaking Client Who Wants to Assign a Power

question 1

Multiple Choice

Rose is a Korean-speaking client who wants to assign a power of attorney but does not understand English.Which of the following statements is true?

• A)Since it is a legal matter, a formal, paid translator will be needed.
• B)As long as an unpaid translator is not a direct family member he or she can help out.
• C)Rose should learn English before following up on this.
• D)Since the support worker speaks a dialect close to Rose's, that worker can translate.

---

Definitions:

Lower Of Cost Or Market

An accounting principle requiring companies to value inventory at the lower of its historical cost or current market price.

Inventory Valuation

The cost associated with an entity's inventory at the end of a reporting period, calculated using methods like FIFO, LIFO, or Weighted Average.

Inventory Control

The supervision of non-capitalized assets (inventory) and stock items, particularly managing the quantity of stock on hand to prevent stockouts or excessive oversupply.

Petty Cash Voucher

A document used to record and authorize the payment of small, immediate expenses from a petty cash fund.