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Depreciation Expense
The distribution of a physical asset's cost throughout its lifespan.
Operating Activities
Business actions that are part of a company's primary operations, including revenue generation and expenses tied to its core business functions.
Statement of Cash Flows
A financial report that provides aggregate data regarding all cash inflows and outflows a company receives from its ongoing operations, investment, and financial activities.
ASPE
Accounting Standards for Private Enterprises; a set of accounting standards for private companies in Canada, designed to meet the needs of private entities.
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