Examlex
A requirements document includes a needs statement, source of data, summary of calculations, and any other special requirements for a worksheet, as shown in the accompanying figure.
Pretax Net Income
The amount of income that a company has earned before any taxes have been deducted.
CVP Analysis
Cost-Volume-Profit Analysis, a financial tool used to determine how changes in cost and volume affect a company's operating income and net income.
Pre-Tax Net Income
The income earned by a business before the deduction of tax expenses.
Variable Costs
Expenses that change in proportion to the activity of a business, such as the cost of raw materials.
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