If You Wanted to Encourage Kindergartners to Delay Gratification, Research

question 53

Multiple Choice

If you wanted to encourage kindergartners to delay gratification, research indicates that an effective strategy would be to:

• A) Tell them that how well they behave at the end of the day is really what counts
• B) Ask them to focus on how good it feels to do something nice for a classmate
• C) Talk about how their learning efforts today will pay off in the years to come
• D) Occasionally remind them that they will get a bigger reward if they wait for an hour or two

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Definitions:

Interest Accrued

The amount of interest that has been earned but not yet paid or received, up to a specific date, representing a company’s liability or asset depending on the context.

Discounting Note

A financial practice where a note or bill is sold to a third party before its maturity date for less than its face value, allowing the seller to access funds earlier.

Discounted Note

A promissory note sold for less than its face value, which will be worth its full value upon maturity; used as a form of short-term financing.

Interest Expense

This is the cost incurred by an entity for borrowed funds, reflected as an expense on the income statement.