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Which association is not correct?
Credit Policies
Guidelines established by businesses to determine to whom they will extend credit and on what terms.
Net Sales
The total revenue from sales after deducting returns, allowances for damaged or missing goods, and any discounts allowed.
Accounts Receivable Turnover
A financial metric that measures how often a company collects its average accounts receivable within a specified period, indicating the efficiency of credit and collections.
Total Sales
The aggregate revenue a company generates from selling its goods or services within a specific period.
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