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Refer to the figure below showing the process of receptor-mediated endocytosis. Which statement regarding this process is false?
Deferred Revenue
Money received for goods or services which have not yet been delivered or performed; recognized as a liability until the revenue earning criteria are met.
Earned
Income or revenue that has been realized or generated, typically through the sale of goods or services.
Collected
The process of receiving or bringing in payments or money owed to an individual or business.
Interest Payable
This is the amount of interest expense that has accrued but not yet been paid by the company.
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