The U.S.government's fiscal year extends from:
A)January to December.
B)April of one year to March of the next year.
C)June of one year to May of the next year.
D)September of one year to August of the next year.
E)October of one year to September of the next year.

Question

Quizplus · Accepted Answer

The U.S. government's fiscal year begins on October 1st and ends on September 30th of the following year. This is defined by the Federal budget cycle, which starts with the President's budget proposal in February and ends with the final appropriation bills being signed into law by the President in late September.

The U.S.government's Fiscal Year Extends From