The Understanding That Objects and Events Continue to Exist Even

question 140

Multiple Choice

The understanding that objects and events continue to exist even when they cannot be seen,heard,or touched is called:

• A)object containment.
• B)object permanence.
• C)object availability.
• D)object continuance.

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Definitions:

Operating Cash Flow

The money a company makes from core business activities excluding costs associated with financing or investments.

Salvage Value

The estimated resale value of an asset at the end of its useful life, reflecting what a company expects to recover to offset initial costs.

CCA Depreciation

Stands for Capital Cost Allowance Depreciation, which is a way to claim a tax deduction for the depreciating value of assets over time in Canada.

Market Value

The market's present selling or buying price for an asset or service.