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 is payroll

2 Answers  


what is the process of correcting the balance sheet of the company?if the balance of balance sheet are not equal.

1 Answers   HDFC,


What is a trial balance in accounting?

0 Answers  


what is the difference between NEFT and RTGS ?

2 Answers   Banking,


What are mis reports?

0 Answers  






Why Company maintain's books of account?

0 Answers   Satyam,


I have transferred the Plant & machines to our Branch which are located in other state. plz told me how can i show the Machin stk trfr amt in return?

0 Answers   Carlton,


explain vat breifly

2 Answers  


I have purchased computer,furniture,laptop, vendors has given me retail invoice he has mentioned his vat,cst no in bill & he charge vat in bill

1 Answers  


what is the outcome of trading and profit and loss account

1 Answers  


If the company acquires equipment prior to incorporation what are the accounting entries?

0 Answers  


What is the meaning of Trial Balance.

3 Answers  


Categories