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Explain the two categories of non-IS process improvement.
Net Payment
The total amount paid or to be paid after deductions like taxes or discounts have been applied.
Due
Typically refers to the expected time of payment or the deadline for financial obligations.
Credit Instrument
A legal document representing a promise to pay a specified sum of money to the holder under agreed conditions, such as bonds, notes, or bills.
Indebtedness
The condition of owing money, often as a result of borrowing for business or personal needs.
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