A Child and Her Father Are Walking

question 230

Multiple Choice

A child and her father are walking. The child knows there are such things as birds but has never seen a bluebird before. Upon seeing one, she says, "See the birdie," and her father replies, "Yes, that's a bluebird." This example demonstrates

• A)assimilation.
• B)accommodation.
• C)conservation.
• D)object permanence.

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Definitions:

Sales Budget

A detailed projection of a company’s sales, in units and dollars, for a specific period, guiding production and marketing efforts.

Master Budget

A comprehensive financial plan for an organization that includes all of its revenue and expense accounts, combining them into a consolidated budget.

Budgeted Sales

Projected sales figures for a given period, often used for planning and forecasting purposes within a business.

Credit Sales

Transactions where the payment for the goods or services sold is to be made at a later date.