Which of the Following Is Not an Indirect Loss

question 2

Multiple Choice

Which of the following is not an indirect loss?

• A)loss of income subsequent to a direct property loss
• B)continuing expenses incurred during a shutdown after a direct property loss
• C)extra expenses to keep a business operating after a direct property loss
• D)production machine is destroyed due to fire

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Definitions:

Preoperational

A stage in Piaget's theory of cognitive development, where children from about 2 to 7 years old engage in symbolic play but lack logical reasoning.

Preconventional

The first level in Kohlberg's theory of moral development where moral reasoning is based primarily on the consequences of actions and on the benefits to the self.

Formal Operational

A stage in Piaget's theory of cognitive development where individuals can think abstractly and systematically solve problems.

Initiative Vs. Guilt

The third stage of Erik Erikson's theory of psychosocial development, where children face the challenge of taking initiative in activities versus feeling guilty for their actions and thoughts.