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Viktor is looking at an online dating website and discovers the profile of someone who seems perfect for him. In fact, she appears almost too good to be true. Which of the following qualities of a good scientist may help him to avoid potential disappointment upon meeting her?
Long-term Notes Receivable
Loans or credit extended to others that are not expected to be repaid within the next twelve months, reported as long-term assets on the balance sheet.
Fair Value
The price that would be received for selling an asset or paid for transferring a liability in an orderly transaction between market participants at the measurement date.
Non-interest Bearing Notes
A type of debt instrument that does not accrue interest over time, requiring the borrower to repay only the principal amount.
Historical Cost
The original monetary value of an asset or investment, not adjusted for inflation or changes in market value.
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