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Which statement about a globular cluster is NOT true?
Accounts Receivable
Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.
Net Sales
The amount of sales revenue remaining after deducting returns, allowances for damaged or missing goods, and discounts.
Income Statement
A financial statement that shows a company's revenues and expenses over a specific period of time, resulting in a net profit or loss.
Budgeted Amounts
Estimated financial figures planned for a certain period, including revenues and expenses.
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