During Times of Rapid Cognitive Change,children __________

question 46

Multiple Choice

During times of rapid cognitive change,children __________

• A) are in a state of disequilibrium
• B) assimilate more than they accommodate
• C) are likely to construct inefficient schemes
• D) balance assimilation and accommodation

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Definitions:

Sales Tax Payable

An account responsible for tracking the sales tax gathered from buyers, due to be paid to the authorities.

Accounts Receivable

Funds that customers owe to a business for goods or services already provided but not yet compensated for.

Sales Tax Payable

A liability account that accumulates the collected sales tax from customers to be remitted to the respective tax authorities.

Asset Account

An asset account is a category in the financial statements that reports the value of a company's assets, such as cash, inventory, property, and equipment.