Ali Understands That an Object Can Belong to More Than

question 64

Multiple Choice

Ali understands that an object can belong to more than one category; however,he still has trouble thinking in abstract terms.According to Piaget,Ali is most likely in which stage?

• A) Preoperational
• B) Formal operational
• C) Sensorimotor
• D) Concrete operational

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Definitions:

Common Stock

Represents ownership shares in a corporation, giving holders voting rights and a share in the company’s profits through dividends.

Goodwill

An intangible asset that represents the excess value paid over the fair market value of an acquired company's net assets.

Equity Method

A financial recording method where investments in other firms are first noted at their purchase price and later modified to reflect the investor's portion of the investee's earnings or losses.

Common Stock

Equity ownership in a corporation, giving holders voting rights and a share of the company’s profits through dividends.