According to Erikson,play __________

question 17

Multiple Choice

According to Erikson,play __________.

• A) causes children to feel too much guilt because they are not able to master new tasks
• B) creates a small social organization of children who must cooperate to achieve common goals
• C) is not a valuable use of preschoolers' time, which is better spent on academic forms of learning
• D) is a nonsocial activity through which preschoolers learn cause-and-effect relationships

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Definitions:

Capital Lease

A lease classified as a purchase by the lessee for accounting purposes, as it transfers substantially all risks and benefits of ownership.

Present Value

The value today of a sum of money to be received in the future, or a series of future payments, based on a chosen rate of return.

Minimum Lease Payments

The lowest amount that a lessee is expected to pay over the lease term, as specified in a lease agreement.

Leased Asset's Fair Value

The estimated market value of an asset under lease, which should represent what the asset would sell for in an arm's length transaction.