Examlex
Currency risk is the risk of unexpected changes in foreign currency values.
Direct Materials
Raw materials directly traced and included in the finished product.
Master Budget
A comprehensive financial plan that consolidates various detailed budgets within a company for a specific period.
Production Budget
A financial plan that estimates the number of units that must be produced within a specific time period to meet expected sales demand and inventory levels.
Sales Budget
A sales budget is an estimated amount of revenue that a company expects to earn from sales over a specific period.
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