The Difference Between Diagnoses and Assessments Is That

question 4

Multiple Choice

The difference between diagnoses and assessments is that:

• A)​diagnoses are used to understand a client's history, while assessments are labels applied to a client's individual situation.
• B)​diagnoses provide a short-hand categorization of a client based on specifically defined criteria, while assessments describe the symptoms that support a particular diagnosis.
• C)​diagnoses involve gathering information to be analyzed and synthesized, while assessments provide a language through which professionals can communicate their analyses to patients.
• D)​diagnoses are the joint effort of professionals from different fields, while assessments are always conducted by a psychologist.

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Definitions:

Minimum Required Rate

The lowest expected rate of return on an investment that makes it acceptable to an investor, considering risk and opportunity cost.

Residual Income

A measure of a company's profitability, calculated by subtracting the cost of capital from operating profits.

Minimum Required Rate

The lowest rate of return that an investment must yield to be considered acceptable.

Residual Income

Income that continues to be generated after the initial effort has been expended, or in managerial accounting, the operating income that an investment center earns above the minimum required return on its operating assets.