According to Piaget, the Ability to Understand That Simply Changing

question 153

Multiple Choice

According to Piaget, the ability to understand that simply changing the appearance of an object does not change the object's nature is known as __________

• A) object permanence.
• B) conservation.
• C) centration.
• D) reversibility.

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Definitions:

Carrying Cost

Expenses incurred by holding inventory or assets over a period, including storage, insurance, and opportunity costs.

Present Value

The present value of an amount of money or series of payments to be received in the future, calculated using a particular interest rate.

Credit Policy Change

Adjustments made to the guidelines that govern the extension of credit to customers, affecting terms of payment and eligibility.

One-Shot Approach

A strategy or method applied once to address an issue or solve a problem, without plans for repeated application or follow-up.