Which Statement Is True

question 29

Multiple Choice

Which statement is true?

• A)The statement of cash flows explains the changes between the statement of comprehensive income and the statement of financial position.
• B)The statement of financial position links two statements of comprehensive income.
• C)The statement of cash flows summarises the movements in the bank account over an accounting period.
• D)None of the statements is true.

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Definitions:

Three-Mountain Problems

A cognitive task developed by Jean Piaget to assess a child's ability to understand perspectives different from their own, involving models of mountains viewed from various angles.

Cognitive Development

Cognitive development encompasses the progression and enhancement of thinking, problem-solving, and decision-making abilities from infancy through adulthood.

Object Permanence

The cognitive understanding that objects continue to exist even when they cannot be seen, heard, or touched.

Centration

Young children’s tendency to focus on only one feature of an object to the exclusion of all other features.