Which of the following statements about a fiscal year is correct?
A) Companies can choose to end their fiscal year on any date they feel is most relevant.
B) Companies must end their fiscal year on March 31,June 30,September 30,or December 31.
C) Companies can select any date except a holiday to end their fiscal year.
D) Companies must end their fiscal year on December 31.
Correct Answer:
Verified
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