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Psychology experiments have typically shown that
Creditors
Entities or individuals to whom a company owes money, due to the provision of goods, services, or loans.
Technical Services
Specialized services that require technical expertise or skills, often provided in fields such as IT, engineering, or maintenance.
Fair Value
The selling price of an asset or the expense involved in handing over a liability during a regulated deal with participants in the market on the specified valuation date.
Carrying Amount
The book value of an asset or liability on a company's balance sheet, reflecting its original cost adjusted for any depreciation, amortization, or impairment costs.
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