Luis's Grandfather Decided to Challenge Luis to a Game

question 92

Multiple Choice

Luis's grandfather decided to challenge Luis to a game. He placed coins on the table and asked his grandson to organize coins in a row from the largest in size to the smallest. This game is testing the Piagetian concept of:

• A) centration.
• B) seriation.
• C) reversibility.
• D) classification.

---

Definitions:

Common Stock Account

An equity account that represents ownership in a corporation and entitles holders to voting rights and dividends.

Retained Earnings Account

An equity account on a company’s balance sheet that represents the accumulated portion of earnings not distributed to shareholders as dividends.

Reverse Stock Split

A consolidation of existing shares into fewer, higher-priced shares, reducing the total number of outstanding shares without changing the company's market capitalization.

Stock Exchange

A marketplace where securities, including stocks and bonds, are bought and sold.