Kareem Is Working on a Practical Problem with His 16-Year-Old

question 143

Multiple Choice

Kareem is working on a practical problem with his 16-year-old son,Josh,and his 8-year-old daughter,Lisa.They don't have the right tools for the job,and they need to come up with a creative solution that uses the items they have available.Based on research findings into the prevalence of functional fixedness,what should you predict

• A) Lisa is most likely to come up with a solution because, in general, young children are less vulnerable to functional fixedness. 
• B) Either Kareem or Josh is most likely to come up with a solution because, in general, males are less vulnerable to functional fixedness. 
• C) Josh is most likely to come up with a solution because, in general, older children and adolescents are less vulnerable to functional fixedness. 
• D) Kareem is most likely to come up with a solution because, in general, adults are less vulnerable to functional fixedness.

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Definitions:

Retained Earnings

The portion of net income that is retained by the corporation rather than distributed to its shareholders as dividends.

Other Reserves

Equity accounts that record gains and losses recognized directly in equity, including revaluation reserves and reserves created from the reallocation of profits.

Non-controlling Interest

An ownership interest in a corporation where the stake does not grant the holder the majority of voting rights.