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Author Question: A fiscal year for a business a. ordinarily begins on the first day of a month and ends on the last ... (Read 108 times)

abern

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on: Jul 5, 2018
A fiscal year for a business
 a. ordinarily begins on the first day of a month and ends on the last day of the following twelfth month
  b. is determined by the federal government
  c. always begins on January 1 and ends on December 31 of the same year
  d. should end at the height of the business's annual operating cycle

Question 2

A company usually prepares a budget for nonmanufacturing costs after preparing all operating budgets.
 
  Indicate whether this statement is true or false.


fwbard

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Reply #1 on: Jul 5, 2018
Answer to Question 1

a

Answer to Question 2

Answer: FALSE


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