Danica Is a Preschooler Who Is Only Able to Focus

question 26

Multiple Choice

Danica is a preschooler who is only able to focus on one aspect of a problem and is unable to attend to multiple aspects simultaneously.According to Piaget, Danica would be in which stage of cognitive development?

• A) concrete operational
• B) formal operational
• C) preoperational
• D) sensorimotor

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Definitions:

Comparative Balance Sheets

Comparative balance sheets present the financial position of a company at two different points in time, allowing for analysis of changes and trends.

Inventory

The sum of all products and materials possessed by a firm, intended for either reselling or manufacturing.

Statement of Cash Flows

A financial report detailing the inflow and outflow of cash and cash equivalents for a business.

Direct Method

A cash flow statement preparation technique that lists all major operating cash receipts and payments for the period.