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Choose the INCORRECT statement about metallurgy.
Interest Expense
The cost incurred by an entity for borrowed funds, typically expressed as a yearly rate.
Average Collection Period
The average number of days it takes for a business to receive payments owed by its debtors, typically used to assess the efficiency of a company's credit policies.
Credit Sale
A transaction where goods or services are provided to a customer with the agreement that payment will be made at a later date.
Usable Form
A state in which information or data is organized and formatted in such a way that it can be easily understood and utilized by its intended users.
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