MIRAB Stands for Migration,remittances,aid and Bureaucracy

question 35

True/False

MIRAB stands for migration,remittances,aid and bureaucracy.

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Definitions:

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.

Fixed Costs

Expenses that do not change in total regardless of the level of production or sales activity.