With Concrete Operational Thought, Children Can _____

question 157

Multiple Choice

With concrete operational thought, children can _____.

• A) think logically about visible, tangible things
• B) think logically about abstract ideas
• C) consistently make good decisions
• D) solve most problems on their own

---

Definitions:

Income Statement

A financial document that reports a company's revenues, expenses, and net profit or loss over a specific period of time.

Cash Flows

The total amount of money being transferred into and out of a business, especially affecting its liquidity.

Cash Paid

The amount of money that has been disbursed or paid out by a business or individual.

Investing Activities

Financial actions involving the purchase and sale of long-term assets and other investments not considered cash equivalents.