A Company That Follows ASPE

question 21

Multiple Choice

A company that follows ASPE

• A) must not disclose cash flow per share.
• B) may disclose cash flow per share.
• C) may disclose cash flow per share if it makes a special election to do so.
• D) must disclose cash flow per share.

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Definitions:

Discrimination

This refers to the unfair or prejudicial treatment of individuals based on characteristics such as race, age, or gender.

Extinction

In behavioral psychology, it refers to the process where a conditioned response decreases in frequency and eventually disappears when the reinforcement is no longer presented.

Conditioned Stimulus

An initially unimportant stimulus that, following its association with an unconditioned stimulus, comes to evoke a conditioned response.

Unconditioned Stimulus

A stimulus that naturally triggers a response without any prior learning.