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Since the shift to floating exchange rates,trading in international currencies has become a big business.
Direct Labor Requirement
The total amount of work time needed by employees to produce a good or service, often used in budgeting and planning manufacturing processes.
Labor Rate
The cost associated with hiring labor, often expressed per hour or unit of work.
Sales Budget
A financial plan that forecasts the sales revenue, including the volume of sales and the unit prices, for a specific period.
Rolling Budgets
Budgets that are continuously updated by adding a new budget period as the current period is completed, extending the budget into the future.
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