A Public College Had Tuition and Fees for the Year

question 79

Multiple Choice

A public college had tuition and fees for the year ended June 30, 2009 in the amount of $45,000,000. Scholarships, for which no services were required, amounted to $2,500,000. Graduate assistantships, for which services were required, amounted to $2,300,000. The amount to be reported by the college for net tuition and fee revenue would be:

• A) $40,200,000
• B) $42,700,000
• C) $42,500,000
• D) $45,000,000

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Definitions:

Concrete Operational

A stage in Piaget's theory of cognitive development where children from about 7 to 12 years old develop logical thinking but still struggle with abstract concepts.

Formal Operational

The stage of cognitive development proposed by Piaget where individuals gain the ability to think abstractly and reason logically.

Reversibility

A concept in cognitive development referring to the ability to follow a line of reasoning back to its original starting point.

Cognitive Ability

The capacity to perform various mental activities related to learning, thinking, reasoning, and problem-solving.