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Carrying Value
Also known as book value, it's the value of an asset or liability according to a company's balance sheet, factoring in depreciation and amortization.
Economic Benefits
The gains received by individuals or organizations from their economic activities.
Verifiability
A principle ensuring that financial information can be checked for accuracy, reliability, and impartiality by independent observers.
Software Development Costs
Expenditures related to the design, development, or improvement of computer software, which can be capitalized or expensed depending on their nature and benefit to future periods.
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