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Under ASPE,Section 3465 indicates less onerous disclosures as private enterprises are permitted to use the tax payable method.Summarize the rules covering presentation and disclosure of the following items according to ASPE using the following template:
Cash Dividends
Payments made by a corporation to its shareholders, usually as a distribution of profits.
Investment Account
An account held at a financial institution that is used to hold securities, cash, and other investments in the financial markets.
Significant Influence
The capacity of an investor to affect the financial or operating policies of an investee, typically through ownership of a significant but not majority share.
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