Finances
Policies & Ethics & Other
Stuff You Need to Know I
Stuff You Need to Know II
Bonus Stuff
100
The minimum income for self-employment that requires a tax return
What is $400?
100
The father of medicine
Who is Hippocrates?
100
The website you need to visit to renew your license, understand continuing education requirements, etc.
What is IFDPR.com? Illinois Department of Financial and Professional Regulation
100
If you plan to sell your business, what amount is recommended to start when multiplying your gross sales?
What is 3-5 times?
100
The trading of goods and/or services without a cash exchange taking place
What is bartering?
200
The self-employment tax rate
What is 15.3% (12.4% for SS, and 2.9% for Medicare)?
200
A set of rules governing moral professional behavior that practitioners agree to observe while performing their duties
What is the code of ethics?
200
The business structure that offers limited protection of personal assets and debt liability similar to that of corporations
What is a limited liability corporation (LLC)?
200
The employer has control over your activities
What is an employee?
200
Gender, religion, and age
What are areas of discrimination that cannot be asked in an interview
300
Everything your business owns and is due to your business
What is an Asset?
300
Safeguards the privacy of a client's personal identifying information and is federal law
What is HIPPA (Health Insurance Portability and Accountability Act)?
300
The time period to amend your tax return to claim a credit or refund, or that the IRS can assess additional tax
What is 3 years?
300
Receive a W-2 at the end of the year that shows how much is earned and how much tax is withheld
What is an employee?
300
Agreement that states you will not open a business nearby or go to work for a local competitor for a certain time after leaving their employment
What is a noncompete agreement?
400
Sometimes referred to as an income statement
What is a profit and loss sheet?
400
Ethical dilemma that can present itself when you work on friends or family
What is a dual relationship?
400
Worker not entitled to receive any benefits
What is an independent contractor?
400
The most common form of a resume
What is chronological?
400
Your obligation as a therapist
What is first do no harm?
500
Money taken out of the business by the owner until amount invested has been returned
What is a draw?
500
Independent agency of the federal gov. to aid, council, assist and protect the interest of small business concerns
What is the Small Business Administration?
500
50% of your effectiveness in verbal communication is...
What is body language, facial expression and emotions of speaker and listener
500
The amount of money brought in as a result of money spent
What is return on investment?
500
A combination of concepts, symbols, images, experiences, and associations that people attribute to a person, product or a business
What is brand recognition?