Examlex
The most recent APA code (2002) includes 5 general principles and 89 standards. The general principles are "aspirational goals." Which of the following is an example of an aspirational goal?
Held-to-maturity Securities
Financial instruments that a company has the intent and ability to hold until they mature.
Interest Revenue
Income earned from lending funds or investing in interest-bearing financial instruments.
Fair Value Adjustment
An accounting practice of updating the book value of assets and liabilities to reflect their current market values.
Adjunct Asset
An addition to an asset that increases its value, often for accounting or tax purposes.
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