Trent Watches His Mother Hide a Block Under One of Two

question 69

Multiple Choice

Trent watches his mother hide a block under one of two cups and lifts the correct cup to retrieve the block. When his mother hides the block under the other cup, he still lifts the original cup to search for the block. Trent has demonstrated a(n)

• A) A-not-B error.
• B) a complete understanding of object permanence.
• C) habituation to the first cup.
• D) disequilibrium.

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Definitions:

Stock

A type of security that signifies ownership in a corporation and represents a claim on part of the company's assets and earnings.

Material Errors

Substantial mistakes or omissions in accounting records that could influence the decision of someone relying on that information.

Financial Statements

Documents that provide an overview of a company's financial condition, including the balance sheet, income statement, and cash flow statement.

Owner Financing

A financing arrangement where the seller extends credit to the buyer to purchase the seller's property.