A Hallmark of the Concrete Operational Stage Is the Ability

question 68

Multiple Choice

A hallmark of the concrete operational stage is the ability to

• A) understand dual representation.
• B) participate in sociodramatic play.
• C) pass conservation tasks.
• D) engage in animistic thinking.

---

Definitions:

Statement of Cash Flows

An account that illustrates the impact of variations in income and balance sheet positions on cash and similar assets.

Indirect Method

A method for presenting cash flow from operations that begins with net income and makes adjustments for transactions that do not involve cash.

Statement of Cash Flows

A financial report that shows how changes in balance sheet accounts and income affect cash and cash equivalents, analyzing a company’s financing, investing, and operating activities.

Operating Activities

Transactions related to the primary business activities, detailed in the cash flow statement.