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Match These Descriptions with the Appropriate Professional

question 60

Multiple Choice

Match these descriptions with the appropriate professional.
-A person with a master's degree and one or two years of supervised experience who may treat general problems in adjustment and family conflicts.


Definitions:

Deferred Income Taxes

A liability on the balance sheet that results from differences in the timing of recognition of income and expenses for tax and financial reporting purposes.

Straight Line Amortization

A method of allocating the cost of an intangible asset over its useful life in equal annual installments.

Effective Tax Rate

The actual rate at which an individual or a corporation is taxed, calculated by dividing the total tax paid by the taxable income.

Consolidated Balance Sheet

A financial statement showing the combined assets, liabilities, and equity of a parent company and its subsidiaries.

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