Centration Refers to the

question 33

Multiple Choice

Centration refers to the

• A)belief that inanimate objects have lifelike qualities and are capable of action.
• B)inability to distinguish between one's own perspective from someone else's perspective.
• C)ability to complete reversible mental actions that allow children to do mentally what they formerly did physically.
• D)focusing of attention on one characteristic to the exclusion of all others.

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Definitions:

Straight-Line Basis

A method of calculating depreciation or amortization by evenly spreading the cost over the useful life of the asset.

Marginal Tax Rate

The rate of tax applied to your next dollar of income, indicating the percentage of tax applied to your income for each tax bracket in which you qualify.

Salvage Value

The forecasted sale price for an asset at the termination of its usability period.

MACRS Depreciation

Modified Accelerated Cost Recovery System; a method of depreciation used for tax purposes in the United States that allows for faster expense deductions.