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According to Piaget, children's cognitive processes develop:
Dividends
Payments made to shareholders out of a corporation's profits as a return on their investment.
Consolidated Net Income
The total profit of a parent company and its subsidiaries after taxes and interest, reflecting the group's overall financial performance.
Initial Value Method
A financial accounting approach for investments where the investment is recorded at its acquisition cost without subsequent adjustment for changes in market value.
Consolidated Balance Sheet
A financial statement that summarizes the assets, liabilities, and shareholders' equity of a parent and its subsidiaries as one single entity.
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