Question: According to Piaget's theory of cognitive development, during which stage do children develop the ability to understand the perspective of others and engage in pretend play?

Options:

A$)$ Sensorimotor stage

B$)$ Preoperational stage

C$)$ Concrete operational stage

D$)$ Formal operational stage

Question:

Which of the following is a fundamental accounting principle that states that businesses should only record transactions that can be expressed in monetary terms?

A$)$ Matching principle

B$)$ Materiality principle

C$)$ Monetary unit principle

D$)$ Conservatism principle