Which of the Following Terms Refers to a Person's Ability

question 285

Multiple Choice

Which of the following terms refers to a person's ability to reason speedily and abstractly?

• A) crystallized intelligence
• B) cohort groups
• C) Down syndrome
• D) fluid intelligence

Recognize the importance of cultural values and diversity in training.

Understand and apply the concept of internal rate of return (IRR) for investment decision-making.

Calculate and interpret the net present value (NPV) of a capital budgeting project, incorporating factors such as cash inflows and outflows, salvage value, and working capital.

Assess the financial attractiveness of an investment based on its ability to increase sales revenues and reduce operating costs.

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Definitions:

Conservation

A cognitive ability described by Piaget, indicating that a child understands that properties like volume and number remain the same regardless of changes in form or appearance.

Specific Training

Tailored educational or physical programs designed to enhance skills or abilities in a particular area or discipline.

Universal Attainment

A theoretical concept suggesting a level of achievement or skill acquisition that can be reached by anyone under the right conditions.

Concrete-Operational Thinking

A stage in cognitive development, as described by Jean Piaget, where children can think logically about concrete events but struggle with abstract concepts.