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Author Question: A fiscal year: a. is shorter than the calendar year. b. can begin on any date and ends 365 days ... (Read 191 times)

dakota nelson

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on: Aug 21, 2018
A fiscal year:
 a. is shorter than the calendar year.
 b. can begin on any date and ends 365 days later (366 days in leap years).
 c. begins January first and ends December 31.
 d. contains 13 accounting periods.

Question 2

The operating budget that is written from scratch for each budget cycle for which, once the numbers have been established, the budget is set at that level for the budget cycle is called:
 a. incremental/fixed.
 b. incremental/variable.
 c. zero-based/fixed.
 d. zero-based/variable.


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shaikhs

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Reply #1 on: Aug 21, 2018
Answer to Question 1

b

Answer to Question 2

c


dakota nelson

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Reply #2 on: Aug 21, 2018
Thanks


shaikhs

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Reply #3 on: Aug 21, 2018
Welcome :)


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