According to Piaget, a Child Who Has Mastered the Principle

question 26

Multiple Choice

According to Piaget, a child who has mastered the principle of conservation but who has limitations on abstract thought is in which stage of cognitive development?

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

---

Definitions:

Accounts Receivable Turnover

A financial metric that measures how many times a company collects its average accounts receivable within a specific period.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Days' Sales Uncollected

A financial metric that measures how long it takes, on average, for a company to collect cash from its credit sales.

Profit Margin

A financial metric that measures the amount of net income earned with each dollar of sales generated by comparing the profit and the revenue.