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The deceptive method by which a perpetrator gains access to the system by pretending to be an authorized user is called
Credit Terms
Refers to the conditions under which credit is extended by a lender to a borrower, including repayment schedule, interest rate, and due dates.
Net 45
A term indicating that payment is due 45 days after the invoice date.
Average Collection Period
The average number of days that it takes for a business to receive payments owed by its customers, calculated by dividing the accounts receivable balance by the average daily sales.
Credit Terms
The conditions under which a seller will extend credit to a buyer, including the repayment period, discount for early payment, and the rate of interest if applicable.
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