According to Piaget

question 171

Multiple Choice

According to Piaget,

• A) intelligence is genetic and unfolds through maturation with the passage of time.
• B) cognition is a simple process that is innate and becomes stronger with experience and time.
• C) cognitive developments are based upon children's interactions with the environment.
• D) None of these

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Definitions:

Revenue Account

An account that tracks the income earned from normal business operations, such as sales of goods or services.

Sales Tax Payable

A liability account in a company's financial statements, representing sales tax collected from customers but not yet remitted to the government.

Sale

The exchange of a product or service for money, constituting the main operational activity for most businesses.

Liability Account

An accounting record that holds the amounts owed by a company to creditors, suppliers, or lenders.