Examlex
Collection Schedule
A plan or timetable for collecting receivables from customers, detailing the timing of payments to be received.
Uncollectible
Refers to accounts receivable or debts that are deemed unlikely to be collected and may be written off as bad debts.
Budgeted Sales
Forecasted sales figures used for planning purposes, reflecting the expected amount of revenue a company aims to generate in a specific period.
Direct Labour-Hours
The total hours worked directly on the production of goods, used to allocate labor costs accurately to products.
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