Reflecting Back to a Client the Essence of Something They

question 23

Multiple Choice

Reflecting back to a client the essence of something they have shared is considered a

• A)summary.
• B)reflection of feelings.
• C)paraphrase.
• D)restatement.

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Definitions:

Service Revenues

Income earned from providing services as opposed to selling physical goods.

Dividends

Payments made by a corporation to its shareholder members, distributing earnings.

Common Shares

Shares in a company that signify ownership, allowing those who hold them to participate in voting and receive a part of the profits.

Financial Position

A snapshot of the resources, obligations, and ownership equity of an entity at a specific point in time.