When Talking to His Dad, Nicholas Says, "See That Fish

question 127

Multiple Choice

When talking to his dad, Nicholas says, "See that fish. It has smooth skin so that it won't cut other fish when it swims with them." Nicholas is demonstrating

• A) a commitment to teleological explanations.
• B) his understanding of essentialism.
• C) theory of mind.
• D) his sophisticated understanding of animals.

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Definitions:

AASB 116

An Australian accounting standard that outlines the accounting treatment for property, plant, and equipment including recognition, depreciation, and impairment.

Revaluations

The process of adjusting the book value of a capital asset or currency to its current market value.

Property, Plant and Equipment

Long-term tangible assets held for business use and not expected to be converted to cash in the short term.

Class-by-Class Basis

A method of analysis or reporting where items are categorized and evaluated separately in distinct classes or groups.