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Actual Rate in Financial Formulas
Actual Rate refers to the real or current rate at which items are measured. And is denoted by ART.
Financial formulas that make use of Actual Rate
f
x
Labour Cost Variance
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f
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Labour Rate Variance
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FAQ
What is the Actual Rate?
Actual Rate refers to the real or current rate at which items are measured.
Can the Actual Rate be negative?
{YesorNo}, the Actual Rate, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.
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