Which of the following is a twelve-month reporting cycle that can begin in any month, except January
Question:
Which of the following is a twelve-month reporting cycle that can begin in any month, except January 1, and records financial data for that twelve-month consecutive period?
A. Fixed year
B. Interim period
C. Calendar year
D. Fiscal year
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (8 reviews)
Step 1 To determine Concept introduction Accounting is an art of recording classifyin...View the full answer
Answered By
Marvine Ekina
Marvine Ekina
Dedicated and experienced Academic Tutor with a proven track record for helping students to improve their academic performance. Adept at evaluating students and creating learning plans based on their strengths and weaknesses. Bringing forth a devotion to education and helping others to achieve their academic and life goals.
PERSONAL INFORMATION
Address: , ,
Nationality:
Driving License:
Hobbies: reading
SKILLS
????? Problem Solving Skills
????? Predictive Modeling
????? Customer Service Skills
????? Creative Problem Solving Skills
????? Strong Analytical Skills
????? Project Management Skills
????? Multitasking Skills
????? Leadership Skills
????? Curriculum Development
????? Excellent Communication Skills
????? SAT Prep
????? Knowledge of Educational Philosophies
????? Informal and Formal Assessments
0.00
0 Reviews
10+ Question Solved
Related Book For
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
Question Posted:
Students also viewed these Business questions
-
Taxpayer and spouse are a married couple filing jointly. This year, Taxpayer earned salary from her employer of $210,000 and Spouse earned salary from his employer of $65,000. Determine the couples...
-
Select the correct answer for each of the following questions. 1. Which of the following is an inherent difficulty in determining the results of operations on an interim basis? a. Cost of sales...
-
1. In the classical model, it is thought that the long-run: A. and short-run aggregate supply curves are both upward sloping. B. aggregate supply curve is vertical and the short-run aggregate supply...
-
Find or evaluate the integral by completing the square. 3 L= dx x + 4x + 8
-
How is the odd-lot index calculated? How is it used as a buy or sell signal?
-
Ulysses Company's standard cost per unit of material M-12 is $ 13.50 per pound. During the month, 4,500 pounds of M-12 were purchased at a total cost of $60,300. In addition, 4,000 pounds of M-12...
-
Explain the difference between Inverse ETFs and Leverage ETFs.
-
Prepare general journal entries to record the effects on the General Long-Term Liabilities accounts of the following transactions. The transactions are independent of one another unless otherwise...
-
An investor is investing an amount of 300 on day 1 and receives the following cash flows ever six months.: Period in Years Cash flow 0.5 40 1 50 1.5 50 2 70 2.5 100 3 100 What is the IRR on this...
-
Bonnie First supervises respiratory therapists at a large community hospital. One day her manager said, Your department used too much overtime again last week. I want you to propose a solution to...
-
Assume you are employed as the chief financial officer of a corporation and are responsible for preparation of the financial statements, including the adjusting process and preparation of the...
-
Reviewing insurance policies revealed that a single policy was purchased on August 1, for one years coverage, in the amount of $6,000. There was no previous balance in the Prepaid Insurance account...
-
What implications does the product life cycle theory have for international product development strategy?
-
When an application is only visible on the Taskbar it is considered minimized. A) True B) False
-
Fill in the blank fields in this text: The tool used to get a completed family into a project (while in the family editor environment):[1]___________________________________________.
-
The Central Processing Unit (CPU) is the heart of the computer. A) True B) False
-
Elements to be demolished can just be deleted. A) True B) False
-
Fill in the blank field in this text: You use the[1]_______________________ tool to load and insert RPC people.
-
What is meant by a 'business combination'?
-
The manager for retail customers, Katie White, wants to hear your opinion regarding one business offer she has received from an entrepreneur who is starting a mobile phone app called Easy Money. The...
-
Which of the following is not an operating budget? A. Sales budget B. Production budget C. Direct labor budget D. Cash budget
-
All Temps has a policy of always paying within the discount period, and each of its suppliers provides a discount of 2% if paid within 10 days of purchase. Because of the purchase policy, 80% of its...
-
Artic Camping Gears currently sells 35,000 units at $73 per unit. Its expenses are as follows: Management believes it can increase sales by 2,000 units for every $5 decrease in sales price. It also...
-
"Home Market Value Data" file posted on Campus Web contains data on the home value, size, and age for a sample of 42 houses on the market. a. Summarize this data set using different data summary...
-
Milestone One: Time Value of Money * Dollar amounts are in millions $ (please fill in YELLOW cells) Question 1. Interest Rate FCF Years FCF in dollars* Py* 5% Instructions and Explanations 2022 2021...
-
A researcher is interested in examining whether there is a difference in negotiation by gender. The researcher collected data on the prices men and women pay for new cars. These are the prices they...
Study smarter with the SolutionInn App