Olivia Sue Understands That Objects Maintain Their Weight and Volume

question 186

Multiple Choice

Olivia Sue understands that objects maintain their weight and volume after changes in shape. But she has trouble answering abstract or hypothetical questions. She is in which of Piaget's stages?

• A) formal operations
• B) sensorimotor
• C) concrete operations
• D) preoperational

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Definitions:

Homogeneous Products

Goods that are considered identical by consumers, and can be substituted for one another, such as commodities.

Perpetual Methods

Inventory accounting systems where updates are made continuously to reflect the buying, selling, and production of goods.

Periodic

Occurring or repeating at regular intervals of time, often used to describe recurring financial or reporting events.

FIFO

First In, First Out, an inventory valuation method where the cost of the earliest items purchased are the first to be recognized in determining the cost of goods sold.