Which of the following refers to any period of time covering a complete accounting cycle?
A) A time cycle
B) A fiscal period
C) A journal period
D) A matching cycle

Question

Quizplus · Accepted Answer

A fiscal period refers to any period of time covering a complete accounting cycle, usually a year, but can also be a quarter or a month. A time cycle is not a commonly used term in accounting, and a journal period and a matching cycle do not refer to a complete accounting cycle.

Which of the Following Refers to Any Period of Time