Examlex
Provide two examples of the use of present value techniques in accounting.
Egocentrism
A cognitive trait where an individual is unable to understand that other people have their own perspectives and feelings.
Animism
The belief that objects, places, and creatures all possess a distinct spiritual essence or soul.
Piaget's Theory
A theory of cognitive development proposed by Jean Piaget, outlining how children progress through four stages of intellectual growth and how their abilities to understand the world evolve.
Lev Vygotsky
A Russian psychologist known for his work on developmental psychology and the concept of the zone of proximal development, focusing on the importance of social interactions in learning.
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