Question $22$

$1$ pts

Statement $1$: The term fiscal year refers to a twelve$-$month time period used for accounting purposes.

Statement $2$: America's federal government starts its Fiscal Year on April ${15}^{th}.$

Both statements are correct.

Both statements are incorrect.

Statement $1$ is correct and Statement $2$ is incorrect.

Statement $1$ is incorrect and Statement $2$ is correct.