Erik Erikson's Major Contribution to a Model of Psychosocial Development

question 37

Multiple Choice

Erik Erikson's major contribution to a model of psychosocial development

• A) was to introduce the concept of childhood sexuality.
• B) was to extend the field of developmental psychology to younger ages, below 1 year.
• C) was to extend the field of developmental psychology into adulthood.
• D) Erikson accomplished all of the above.

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Definitions:

Variable Costing

An accounting method that only considers variable costs (costs that vary with the level of output) when calculating the cost of goods sold and production.

Absorption Costing

An accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a unit of product.

Net Operating Income

Represents the difference between operating revenues and operating expenses.

Common Fixed Expenses

Expenses that do not vary with the level of production or sales, shared among different business segments or products.