Select all that apply In defining a reporting period, which of the following statements is (are) correct? A reporting period can be one month, one quarter or one year. A reporting period is used to determine the due date of payables. A reporting period refers to each day in the calendar year. A reporting period is determined by the business. A one-year reporting period is known as the fiscal year. 4

Select all that apply In defining a reporting period, which of the following statements is (are) correct? A reporting period can be one month, one quarter or one year. A reporting period is used to determine the due date of payables. A reporting period refers to each day in the calendar year. A reporting period is determined by the business. A one-year reporting period is known as the fiscal year