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Describe how HR Budgets and Staffing tables are applied in HR demand forecasting.
Priority
The status of having precedence or more importance in comparison to other issues or tasks.
Unsecured Liabilities
Obligations or debts that are not protected by collateral, meaning the lender does not have claims on specific assets of the borrower if the debt is not repaid.
Non-Priority
A designation for debts or considerations that are deemed less important and hence are lower in the order of settlement or attention compared to priority ones.
Total Liabilities
The sum of all financial obligations (debts) owed by a company to external parties, recorded on its balance sheet.
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