Describe Renée Baillargeon's Research, and Explain How It Challenged Some

question 551

Essay

Describe Renée Baillargeon's research, and explain how it challenged some of Piaget's conclusions.

---

Definitions:

Slow Payments

Delays in the settlement of financial obligations, typically in the context of customers taking longer than agreed to pay their invoices.

Cash Receipts

The collection of cash during a period, including cash received from customers, interest, and other sources.

Change Fund

A set amount of money used for making change in cash transactions, typically reserved in a cash register.

Cash Register

A mechanical or electronic device used for registering and calculating transactions at a point of sale.