Examlex
The variable overhead flexible-budget variance measures the difference between standard variable overhead costs and flexible-budget variable overhead costs.
Disadvantage
This refers to an unfavorable condition or circumstance that reduces the chances of success or effectiveness.
Hedge
Investment made to reduce the risk of adverse price movements in an asset, often by taking an offsetting position in a related security.
Spot Rates
The current price in the marketplace at which a particular asset can be bought or sold for immediate delivery.
Foreign Currency
Currency used in a country other than one's own, representing the money of another country.
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