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Review the following diagram.Which answer provides the best interpretation Bill of Materials class and its associations?
Net Assets
The total assets of an entity minus its total liabilities, representing the entity’s net worth or equity value.
Acquisition
The act of gaining ownership of a different corporation or business entity by either buying it or combining with it.
Credit Balance
A situation in an account where the total credits exceed the total debits, indicating the amount owed to the account holder or client.
Contingency Payment
A payment that is made only if certain specified conditions are met or certain outcomes occur.
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