Jim Borke, owner of Jimbo's Cantina, has questions related to time periods and accounting.
1. Why don't companies wait until they end operations to determine an accurate income amount?
2. What is the time period assumption?
3. What is the difference between a fiscal year and a calendar year?

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The Answer of Jim Borke, owner of Jimbo's Cantina, has questions related to time periods and accounting.
1. Why don't companies wait until they end operations to determine an accurate income amount?
2. What is the time period assumption?
3. What is the difference between a fiscal year and a calendar year?

Jim Borke, Owner of Jimbo's Cantina, Has Questions Related to Time