« previous next »

Author Question: A fiscal year for a business a. ordinarily begins on the first day of a month and ends on the last ... (Read 105 times)

abern

  • Hero Member
  • *****
  • Posts: 533
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

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jul 5, 2018
Answer to Question 1

a

Answer to Question 2

Answer: FALSE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th
Seven students have applied for merit scholarships. This year 3 merit scholarships were ... Seven students have applied for merit scholarships. This year 3 merit scholarships were ...
A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ... A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ...
No payments were made on a $2,598 loan during its three-year term. What was the annually ... No payments were made on a $2,598 loan during its three-year term. What was the annually ...
An inventory record sheet shows a balance on hand of 972. During the month units sold were 111, ... An inventory record sheet shows a balance on hand of 972. During the month units sold were 111, ...
Video: Reflex arc construction

For a complete list of videos, visit our video library