Inflation

Answers were Sorted based on User's Feedback



Inflation..

Answer / madhulika

The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. Central banks attempt to stop severe inflation, along with severe deflation, in an attempt to keep the excessive growth of prices to a minimum.

Is This Answer Correct ?    4 Yes 0 No

Inflation..

Answer / guest

The phenomenon of rising prices of goods and services in
general.

Is This Answer Correct ?    2 Yes 0 No

Post New Answer

More Accounting General Interview Questions

What is the journal entry for tds collected on a cheque of Rs 50000 paid to a consultant?

3 Answers  


Explain the Realisation concept and Accounting concept? why do you prepare p/l appropriation account? 4 difference b/w public and private caompany? How do you calculated closing stock in tradind a/c? Contents an invoice receipt? classification of Error as per accounting? Diff btwn Satutory audit & Internal audit? Diff b/w reserves for bad debts and provision for bad debts? Where the Bank book and the Cash book will not reconcile? When will the Cash book have a credit balance?

0 Answers   Siemens,


What do you mean by DP(Drawing Power)

14 Answers  


can u explain the meaning of Work Contract Tax in breif.

1 Answers  


Explain me what do you think is bank reconciliation statement?

0 Answers  






pl. tel me what is the entry for this transaction 1)i deposited rs.10,000 t/w. dealer ship deposit 2)the goodwill amount 1 lakh brought by raju was appoprtioned and paid to the existing parteners eswar,mahesh,ravi as per their sharing ratios 38% , 24%, 38%

1 Answers  


what are the types of option contract?

1 Answers  


what is accounting

2 Answers  


'Talk me through an example of how you have used data to improve your teams productivity.'

0 Answers  


under the modified cash basis of accounting, most revenues and expenses are recognized on the cash basis. Which one of the following items is an EXCEPTION to this accounting practice? a.Advertising b.Professional Fees. c.Supplies d.Rent

0 Answers  


Can we transfer balance on gl a/c to another Gl a/c if what is the process steps and tr code?

1 Answers   SK Engineering, TCS,


Mutual Funds

2 Answers   Bank Of America,


Categories