Aster Works as a Secretary for a Large Corporation

question 70

Multiple Choice

Aster works as a secretary for a large corporation.Since her divorce, she has been suffering from depression but does not think she can afford counseling.Which of the following statements would be INCORRECT information to give Aster regarding the cost and availability of counseling services?

• A)Most health insurance do not cover psychological services, so the corporation's health plan would not pay for Aster's counseling.
• B)Community mental health centers almost always charge on a sliding scale.
• C)Some communities have free or low cost counseling services staffed by sympathetic paraprofessionals or peer counselors.
• D)She should check to see if there is a self-help group for those recovering from divorce meeting in the community.

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Definitions:

Liquidated Assets

Assets that have been converted into cash or cash equivalents, often during the process of paying off debt or during liquidation of a company.

Partnership Debt

Partnership debt is the financial obligations that a partnership entity owes to creditors, which are typically shared among the partners according to their agreement.

Limited Partnership

A partnership arrangement in which some partners are only liable up to the amount of their investment, unlike general partners who have unlimited liability.

Limited Liability Company

A business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.