A Debit Signifies a Decrease in

question 185

Multiple Choice

A debit signifies a decrease in

• A) assets
• B) expenses
• C) drawing
• D) revenues

---

Definitions:

Egocentrism

A cognitive characteristic where an individual is unable to understand that others may have different perspectives and feelings from their own.

Centration

The tendency, especially in young children, to focus on one aspect of a situation while neglecting others, influencing their understanding of cause and effect.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or touched, a concept developed in infancy.

Egocentrism

The inability to differentiate between one's own perspective and someone else's perspective.