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What Is a Currency Forward Contract

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What is a currency forward contract?


Definitions:

Direct Product Cost

Expenses directly associated with the production of specific goods or services, including materials and labor.

Cocoa

A powder made from roasted and ground cacao seeds used in making chocolate and chocolate-based products.

Factory

A building or set of buildings where goods are manufactured or assembled chiefly by machine.

Ending Inventory

The cumulative worth of products on offer for sale when an accounting cycle ends.

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