Which of the Following Accounts Is an Example of a Liability

question 42

Multiple Choice

Which of the following accounts is an example of a liability?

• A) Service revenue
• B) Building
• C) Accounts receivable
• D) Notes payable

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Definitions:

Sociocultural Theory

The concept that cognitive development is heavily influenced by social interactions and cultural practices.

Cognitive Development

The process by which a person learns to reason, solve problems, and understand the world around them through stages, as proposed by theorists like Piaget.

Vygotsky

A seminal theorist in developmental psychology, known for his emphasis on the sociocultural influences on cognitive development.

Zone Of Proximal Development

A concept developed by Lev Vygotsky that represents the difference between what a learner can do without help and what they can achieve with guidance and encouragement from a skilled partner.