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A Fiscal Year Is a Yearly Accounting Period

Question 367

Multiple Choice

A fiscal year is a yearly accounting period. It is the 12-month period on which a budget is planned. The federal fiscal year is


A) October 1st through September 30th of the next year.
B) January 1st through December 21st.
C) July 1st through the June 30th of the next year.
D) April 1st through March 31st of the next year.

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