When a young child sees a camel for the first time and calls it a 'lumpy horse', this is an example of which concept in Piagetian theory?

A child has developed the ability to conserve and arrange items serially. Their thought processes are rational and directed to concrete, real events, but they struggle with highly abstract or hypothetical problems. At which stage of Piaget's cognitive development is this child?

Assertion (A): A twelve-year-old child is unable to perform tasks involving conservation. Reason (R): Children in the formal operational stage often find it challenging to take into account multiple aspects of a situation. Choose the correct option based on Jean Piaget's theory of cognitive development: