Rohan,an Infant,often Has Ice Creams

question 135

Multiple Choice

Rohan,an infant,often has ice creams.When he is offered a new type of ice cream,which he has never had before,Rohan's mother reassures him by saying "That is ice cream!" Which of the following characteristics of concepts has been illustrated in this scenario?

• A)Concepts facilitate stereotypes.
• B)Concepts facilitate association between people and time.
• C)Concepts aid cognition.
• D)Concepts provide clues about how to react to a particular object.

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Definitions:

Cash Inflows

Cash inflows refer to the money received by a business from various sources, including sales revenues, investment income, and financing.

IRR

The Internal Rate of Return, a financial metric used to estimate the profitability of investments by calculating the interest rate at which the net present value of all cash flows (both positive and negative) from a project equal zero.

Investment

Allocating resources, usually money, with the expectation of generating an income or profit.

Cash Flows

The total amount of money being transferred in and out of a business, particularly in relation to liquidity.