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1. According to CICA Handbook section 1000 (ASPE), what are the qualitative characteristics of useful information? 2. What is the difference between ASPE and IRFS

1. According to CICA Handbook section 1000 (ASPE), what are the qualitative characteristics of useful information? 2. What is the difference between ASPE and IRFS characteristics of useful information? 3. What are the journal entries for transfering a note receivable with recourse opposed to without recourse?

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