What Is an Advantage of Global Outcome Measures

question 25

Multiple Choice

What is an advantage of global outcome measures?

• A)Client can be compared to norm groups
• B)Quick and easy to administer
• C)Clients are more comfortable completing this type of measure
• D)Cost effective

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Definitions:

Consolidated Balance Sheet

A financial statement that shows the total assets, liabilities, and shareholders' equity of a parent company and its subsidiaries as if they were a single entity.

Fair Value

The estimated market valuation for an asset or liability based on current market conditions and informed buyer and seller perspectives.

Consideration Transferred

The payment made by an acquiring entity to purchase another entity, which can be in the form of cash, assets, or other financial instruments.

Book Value

The net value of a company’s assets as recorded on its balance sheet, which is calculated by subtracting total liabilities from total assets.