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What factors account for Canada's difficulties in the world's competitive race?
Direct Labor Hours
Direct Labor Hours are the total hours worked by employees directly involved in the production of goods or services.
Budgeted Costs
Anticipated expenses for a specific period of time, used for planning and control purposes.
Cost Centers
Parts of an organization where costs can be traced, but direct revenues are not generated, used for budgeting and cost management purposes.
Performance Report
A document or record that outlines the performance of a specific activity or function within a set period, usually compared against set goals or standards.
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