In Piaget's Cognitive Theory, a ____ Is a Mental Model

question 11

Multiple Choice

In Piaget's cognitive theory, a ____ is a mental model that represents, organizes, or interprets experience for the child.

• A)concrete operation
• B)centration
• C)scaffold
• D)scheme

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Definitions:

Incremental Cash Flow Principle

The concept that financial decisions should be made based on the changes in cash flows that the decisions will cause, ignoring cash flows that will not be affected.

Negative Effects

Adverse outcomes or impacts that result from an action, event, or policy.

Sunk Costs

Costs that have already been incurred and cannot be recovered, which should not affect future business decisions.

Capital Project

A long-term investment undertaken to build, add or improve on a capital asset such as buildings or infrastructure, with the expectation of enhancing value.