Little Nels Has the Concept That Creatures That Fly Are

question 210

Multiple Choice

Little Nels has the concept that creatures that fly are "birds." Upon seeing a butterfly, he calls it a bird. His mother says, "No, that is a butterfly." She is trying to get Nels to engage in

• A) assimilation.
• B) conservation.
• C) concrete operations.
• D) accommodation.

---

Definitions:

Current Assets

Assets that a company expects to convert into cash, sell, or consume within one year or its operating cycle, whichever is longer.

Financial Position

A snapshot of the resources, obligations, and net worth of an entity at a specific point in time.

Market Value

The current price at which an asset or service can be bought or sold in an open and competitive marketplace.