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Identify the three types of self-report measures discussed in the text and briefly describe each.
Restrictive Financial Policy
Policies implemented by firms to control their financial risk, often including tight controls over credit terms and dividend payments.
Premium Prices
Premium prices are higher than average prices charged for products or services, often because of perceived superiority in quality or branding.
Accounts Receivable Financing
A secured short-term loan that involves either the assignment or factoring of receivables.
Factoring
A financial transaction where a business sells its accounts receivable to a third party at a discount for immediate cash.
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