Some Children Focus Too Much on the Salient Aspects of a Situation

question 53

Multiple Choice

Some children focus too much on the salient aspects of a situation rather than what is important.For example,if a clown is giving directions,they will focus on the funny aspects of the clown rather than listen to the directions.When do children outgrow this behaviour?

• A)Most outgrow it before they leave preschool.
• B)Most outgrow it by the time they are 10 to 12 years of age.
• C)Most outgrow it by the time they are 6 to 7 years of age.
• D)Most outgrow it by the time they go to college.

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Definitions:

At-Risk Amount

The maximum amount of money an investor stands to lose in an investment, which limits loss deduction claims for tax purposes.

Passive Loss Rules

are tax rules that limit the ability to deduct losses from passive activities unless the taxpayer materially participates in the activity.

Passive Activity

Economic activities in which the investor does not materially participate, often related to rental property or businesses in which the person does not actively manage.

At-Risk Amount

The value of money that an investor can actually lose in an investment, often determining the limit of deductible losses in tax contexts.