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Which of the following statements regarding appraising the effects of conflict on the channel is true?
EOM
End of Month, referring to any activity, measurement, or payment scheduled to occur on the last day of a month.
Outstanding Balance
The total amount of money owed on a loan, credit card, or mortgage that is yet to be paid.
Invoice
A document issued by a seller to a buyer, specifying the items or services sold, prices, terms of sale, and payment instructions.
Payment
The act of providing money in exchange for goods, services, or to satisfy a debt.
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