1
Question
A businessman needs to know the state of affairs of his business at frequent intervals which is` normally a twelve-month period. This period is called _________ year.
A businessman needs to know the state of affairs of his business at frequent intervals which is` normally a twelve-month period. This period is called _________ year.
Open in App
Solution
The correct option is D All of these
An accounting year is a period of time, usually 12, during which businesses calculate their accounts and organize their financial activities. The accounting year, also known as the accounting period, occurs usually on any date other than January 1st to December 31st and its also called a financial year and the calendar year.
An accounting year is a period of time, usually 12, during which businesses calculate their accounts and organize their financial activities. The accounting year, also known as the accounting period, occurs usually on any date other than January 1st to December 31st and its also called a financial year and the calendar year.
Suggest Corrections
0
Similar questions
View More
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
