Which of the Following Statements Is Correct

question 114

Multiple Choice

Which of the following statements is correct?

• A)A large,well-known corporation such as Intel generally would use financial intermediation to finance expansion of its facilities.
• B)On average,managed funds outperform indexed funds.
• C)Unlike corporate bonds and stocks,checking accounts are a medium of exchange.
• D)A mutual fund is a financial market.

---

Definitions:

Cognitive Development

The process of growth and change in intellectual/mental abilities such as thinking, reasoning, and understanding over the lifespan.

Jean Piaget

A Swiss psychologist known for his pioneering work in child development, particularly his theory of cognitive development.

Cognitive Development

The study of how thinking, problem solving, and intelligence evolve as people grow from infancy through adulthood.

Piaget's Theory

A developmental theory by Jean Piaget that outlines how children's cognitive abilities progress through four stages from infancy to adolescence.