Which Term Refers to the Process in Which an Infant

question 29

Multiple Choice

Which term refers to the process in which an infant is taught the basic skills for functioning in society? 

• A) assimilation 
• B) differentiation 
• C) socialization 
• D) acculturation

---

Definitions:

APR

The Annual Percentage Rate, which is the interest rate for a whole year on a loan, including fees.

Present Value Payback Period

A capital budgeting technique that calculates the period of time required for the present value of future cash flows to cover the initial investment cost.

NPV

Net Present Value, a calculation used to determine the current value of a series of future cash flows.

PI

The profitability index (PI), in financial management, is a method used to evaluate the desirability of an investment or project, calculating the ratio of the present value of future cash flows to the initial investment.