Examlex
The shareholders' equity section would include the accounts such as retained earnings and revenues.
Concrete Operational Thought
A stage in Jean Piaget's theory of cognitive development where children aged 7 to 11 years start to understand logical operations and are no longer fooled by appearances.
Logical Operations
The mental processes involved in reasoning and understanding complex concepts through logical thought.
Reasoning
The process of thinking about something in a logical way to form a conclusion or judgment.
Egocentric Thought
a cognitive perspective where an individual perceives the world solely from their own point of view, often seen in early childhood development.
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