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Which of the following must be true of evidence in order for it to be admissible in court?
Credit Policy
The guidelines a company follows to determine credit terms for customers, including payment period, interest rates, and the criteria for extending credit.
Delayed Credit
A bookkeeping entry signifying credits that will be applied to a customer's account at a future date, affecting future billing cycles rather than immediate revenues.
Delayed Charge
A transaction that records an expenditure which will be billed to a client or customer at a future date, not immediately impacting cash flow.
Pending Expense
Expenditures that have been incurred but not yet fully processed or paid out.
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