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The traditional organization is based on the bureaucratic model that emphasizes:
Net Realizable Value
The estimated selling price of goods, minus the costs of their completion and sale.
Amounts Due
Financial obligations or debts that are payable to another party or entity.
Grace Period
A time frame after a due date during which a payment can be made without penalty or impact on credit standing.
Interest Charges
The cost incurred by borrowing money, expressed as a percentage of the total amount borrowed, paid to the lender as compensation.
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