Which of the Following Terms Is NOT Associated with Piaget

question 20

Multiple Choice

Which of the following terms is NOT associated with Piaget?

• A) Assimilation
• B) Schema
• C) Equilibrium
• D) ZPD

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Definitions:

Lease Capitalization

The process of recognizing and recording a lease as an asset and a liability on the balance sheet, reflecting its long-term nature.

GAAP

Generally Accepted Accounting Principles; a collection of commonly followed accounting rules and standards for financial reporting.

IFRS

International Financial Reporting Standards, a set of accounting standards designed to ensure transparency, accountability, and efficiency in financial statements globally.

Fair Value

The estimated price at which an asset can be bought or sold in a current transaction between willing parties, other than in a liquidation sale.