guve answer any three in 700 words each answer

vvny uues canada nave different accounting standards for different types of corporations? Shouldn't all companies follow the same set of accounting standards? Why would a private company decide to adopt ASPE instead of IFRS? If you had a private company, what accounting standard-ASPE or IFRS-would you select? Why are there different terms to describe the same concept? Do you think that a business needs a code of ethics? If you were setting up a business, how would you structure the business? Why? Why would two businesses structure their companies in different ways