Examlex
In the 1971 movie A Clockwork Orange, Alex, a violent, irresponsible juvenile, is subjected to an experimental treatment to make criminals sick at the very suggestion of violence or conflict. A chemical substance that induces nausea is injected into Alex's body while he watches violent films; this kind of approach is called
ASPE
Accounting Standards for Private Enterprises; a set of accounting principles used in Canada for privately held companies.
Historical Cost Principle
An accounting principle that assets should be recorded and presented in the financial statements at their original purchase cost.
Stable Unit
A financial assumption that the value of currency will remain relatively stable over time, affecting long-term economic projections.
Canadian GAAP
The Generally Accepted Accounting Principles in Canada, comprising standards for financial reporting for Canadian companies.
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