A Manager of a Profit Centre

question 40

Multiple Choice

A manager of a profit centre:

• A)does not control revenues.
• B)does not control expenses.
• C)does not control investments.
• D)only controls revenues.

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Definitions:

Concrete Operations

A stage in Piaget's theory of cognitive development, typically occurring between ages 7 and 11, where children gain the ability to think logically about concrete events.

Formal Operations

The final stage in Piaget's theory of cognitive development, characterized by the ability to think abstractly, reason logically, and manage ideas in the mind without concrete manipulation.

Sensory-Motor

Referring to the processing of sensory information and motor response.

Preoperational

Referring to Piaget’s developmental stage where children ages 2-7 engage in symbolic play but struggle with logic and taking the perspective of others.