Tag: measurement

The operations of any business are depending on well timed and accurate financial reporting to ensure the decisions concerning the route and strategies of the business are correct. The net result was spiralling inflation, firm closures resulting in excessive unemployment, international foreign money shortages as international sources of funds dried up, and meals shortages. The foreign forex shortages led to fuel shortages, which in turn reduced industrial production. Consequently, the Gross Home Product (GDP) has been on the decline since 1997. This unfavorable economic environment meant diminished banking activity as industrial activity declined and banking providers had been driven onto... Read More