The majority of businesses normally end their fiscal year on:
A)June 30.
B)September 30.
C)December 31.
D)some other date.

Name: The majority of businesses normally end their fiscal year on: A)June 30. B)September 30. C)December 31. D)some other date.
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Question

Quizplus · Accepted Answer

December 31 is the most common ending date for a fiscal year as it aligns with the calendar year. This makes it easier for businesses to report financial information and file taxes according to the same schedule as other businesses.

The Majority of Businesses Normally End Their Fiscal Year On