For Webster to understand how his company performed during calendar year 2012,he must begin with firm's financial position on:
A)January 1,2012.
B)July 1,2013.
C)September 30,2010.
D)June 30,2011.

Question

Quizplus · Accepted Answer

To assess the company's performance during 2012, Webster should start with the financial position at the beginning of that year, which is January 1, 2012.

For Webster to Understand How His Company Performed During Calendar