Given Below Is a List of Events: 1

question 149

Multiple Choice

Given below is a list of events: 1. payment of employee wages
2) cash collections from customers
3) sale of capital stock
4) sale of land, at cost
5) payment of a cash dividend
6) borrow cash from creditors
7) purchase of equipment
8) cash sale of inventory
9) purchase inventory on account
Which of the above events are outflows in the operating section of the statement of cash flows?

• A) 1, 5, and 9
• B) 1 and 9
• C) 2 and 8
• D) only 1

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Definitions:

Piaget

A Swiss psychologist known for his theory of cognitive development that describes how children develop intellectual abilities.

Cognitive Development

The study of how thinking, problem solving, and intelligence evolve from childhood through adulthood.

Psychosocial Development

Erikson's theory that individuals pass through eight developmental stages, each characterized by a different psychological crisis.

Initiative Versus Guilt

Initiative versus guilt is a stage in Erik Erikson's theory of psychosocial development, where children aged 3 to 5 years learn to initiate activities and interact with others or experience guilt for their actions and thoughts.