One of the Things That Differentiates the Formal and Concrete

question 133

Multiple Choice

One of the things that differentiates the formal and concrete operational stages is that during the formal stage:

• A) children show clear instances of centration.
• B) children assume that everyone in a room has the same view of an object as they do.
• C) children show evidence of conservation for the first time.
• D) children begin to think more flexibly and creatively.

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Definitions:

Accrued Expense

Expenses that have been incurred but not yet paid for, recognized in the accounting periods they are incurred rather than when cash changes hands.

Unearned Revenue

Income received by a company for goods or services that have not yet been delivered or performed; it is recorded as a liability on the balance sheet until the goods or services are provided.

Rental Payments

Periodic payments made by a lessee to a lessor for the use of an asset.

Received

A term denoting that something has been accepted or collected, often used in financial transactions or in the acknowledgment of messages or goods.