deflation
Economic depression.(:
um.. funny ? c:
Economic activity is rising above the point of the previous peak.
An economic recession is "an extended decline in general business activity, typically three consecutive quarters of falling real gross national product and gross demostic product." An economic depression is "a period of drastic decline in a national or international economy.
A depression is a temporary slowdown characterized by reduced purchasing power, massive unemployment, excess of supply over demand resulting in falling prices, and a lack of confidence in the future. Depressions are also sometimes known as "slumps". Major depressions can last for years.
Economic depression.(:
releap c:
um.. funny ? c:
An accounting period refers to the interval between two points in time during which the financial activity of a business is measured.
Economic activity is rising above the point of the previous peak.
An economic recession is "an extended decline in general business activity, typically three consecutive quarters of falling real gross national product and gross demostic product." An economic depression is "a period of drastic decline in a national or international economy.
Fiscal years means the minimum accounting period for which books of accounts are maintained and business activity is performed.
A Fiscal Year is any consecutive 12-month period that a business chooses. Usually, the fiscal year end date is the low point in business activity for the year
A Fiscal Year is any consecutive 12-month period that a business chooses. Usually, the fiscal year end date is the low point in business activity for the year
A depression is a temporary slowdown characterized by reduced purchasing power, massive unemployment, excess of supply over demand resulting in falling prices, and a lack of confidence in the future. Depressions are also sometimes known as "slumps". Major depressions can last for years.
The creditors' payment period is an activity ratio. It measures the average amount of days the business takes to pay its creditors i.e. suppliers. The more days available to pay the better.
Sales to and receipts of cash should be recorded immediately to provide a clear overall business picture and allow positive business decisions to benefit of the company or business for that period.