Piaget's Stage of Cognitive Development in Which Mental Operations Are

question 21

Multiple Choice

Piaget's stage of cognitive development in which mental operations are abstract and hypothetical is:

• A) concrete operational.
• B) formal operational.
• C) preoperational.
• D) sensorimotor.

---

Definitions:

Calendar Year

The period of time from January 1st to December 31st used by most businesses for accounting and reporting purposes.

Fiscal Year

A 12-month period that companies use for accounting purposes and preparing financial statements, which does not necessarily align with the calendar year.

Net Income

The total earnings of a company after subtracting all expenses, taxes, and costs from the total revenue.

Common Stock

Represents equity ownership in a corporation, with holders possibly entitled to vote on corporate policy and receive dividends.