Select all that apply

In defining a reporting period, which of the following statements is $($are$)$ correct? $($Check all that apply.$)$

A reporting period refers to each day in the calendar year.

A reporting period is determined by the business.

A reporting period can be one month, one quarter or one year.

A one$-$year reporting period is known as the fiscal year.

A reporting period is used to determine the due date of payables.