Accountıng I Deneme Sınavı Sorusu #1313702
If the accounting period consists of one year and the starting and ending dates are January 1 and December 31, fiscal year will be equal to ________.
Which of the following completes the statement above?
interim period |
monthly period |
calender year |
quarter period |
semiannual period |
Yanıt Açıklaması:
If the accounting period consists of one year and the starting and ending dates are January 1 and December 31, fiscal year will be equal to the calendar year. But that does not mean that it is absolutely necessary.
The correct answer is C.
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