The natural business year
A) is a fiscal year that ends when business activities are at its lowest point.
B) is a calendar year that ends when business activities are at its lowest point.
C) is a fiscal year that ends when business activities are at its highest point.
D) is a calendar year that ends when business activities are at its highest point.

Question

Quizplus · Accepted Answer

The natural business year is a fiscal year that ends when business activities are at their lowest point. This is typically the time of year when businesses experience the least amount of sales and revenue. By basing their fiscal year on this natural cycle, businesses can better allocate resources and plan for the future based on realistic expectations.

The Natural Business Year