Which of the Following Statements Is Not True

question 17

Multiple Choice

Which of the following statements is not true?

• A) Credit unions pay federal income taxes.
• B) To use the services of a credit union one must be a member.
• C) Credit unions have been exempt from antitrust laws.
• D) The total number of credit unions is declining in the United States.

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Definitions:

Concrete Operational

A stage in Piaget's theory of cognitive development where children aged about 7 to 11 years can perform various mental operations using concrete objects.

Sensorimotor

Pertaining to the body's responses to sensory stimuli and the coordination of sensory and motor activities.

Conservation

The principle that certain physical characteristics (such as volume, mass, or number) remain unchanged, even when their appearance changes, as understood in cognitive development.

Object Permanence

Object permanence is the understanding that objects continue to exist even when they cannot be seen, heard, or otherwise sensed, a key cognitive development in infancy.