what is reccission?how it is started



what is reccission?how it is started..

Answer / sanmilan

Recession means slowing down in Economic Activities,
imbalance in supply demand Ratio beyond the barriers. Bad
Investments, War, drowning out of money into unproductive
areas, declining in GDP, Inflation, Stagnancy in Industrial
Growth…. Etc can be cited as causes for Recession. These
results to unemployment, Layoffs etc.

Is This Answer Correct ?    23 Yes 0 No

Post New Answer

More Accounting General Interview Questions

What software applications have your used for accounts receivable?

0 Answers  


What is a Green Shoe Option?

1 Answers  


if the current ratio is 0.5 what is the impact of working capital

4 Answers   Capital IQ,


what's the difference between impress cash account and petty cash account

0 Answers  


Balance sheet is account or statement?and Which account is come under balance sheet(i.e. real,personal and nominal account)?

3 Answers  






ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10

0 Answers   ABC,


what are the direct expense of loan department in banks.

0 Answers   MagicBricks,


3 dost 1 hotel me khana khne gye to unhone 75 rupye diye aur hotel ki malik ne unhe 5 rupaye wapas diya aur 2rupye water ne rakh diye aur une 1,1 rupye diye aur 1 rupya kha gya

2 Answers  


What is quality discount?????//// pls mail ur answers at my e - mail ID : kamalsodhi24@gmail.com

0 Answers  


instead of clicking backup,i selected restore in tally7.2 and all my data is lost and i also forgot the comapny name,which i wanted to restore?how to recover my data?

1 Answers  


accounting effect for closing stock goods destroyed by fire and claim is given by insurance co

3 Answers   Forbes,


Cheque

2 Answers   Bank Of America, Pioneer,


Categories