While a Child Watches, You Hide a Cheerio Under One

question 15

Multiple Choice

While a child watches, you hide a Cheerio under one of two cups in front of her.You hide the Cheerio under the red cup, and show the child that there is nothing under the blue cup.If this child has not yet achieved object permanence, she will

• A)look for the Cheerio under the red cup.
• B)look for the Cheerio under the blue cup.
• C)look for the Cheerio in your hand.
• D)not look for the Cheerio.

---

Definitions:

Operating Expenses

The costs of running your business, including your rent, utilities, administration, marketing/advertising, employee salaries, and so on.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold in a company, including materials and labor.

Short-Term Portion of Long-Term Debt

The part of a company's long-term debt that is due to be paid within the following twelve months.

5-Year Bank Loan

A financial agreement where a bank lends money to a borrower, to be repaid with interest over a period of five years.