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    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 3: Beginning the Accounting Cycle: Journalizing, Posting, and the Trial Balance
  5. Question
    The Time Period for Which the Income Statement Is Prepared
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The Time Period for Which the Income Statement Is Prepared

Question 103

Question 103

Multiple Choice

The time period for which the income statement is prepared is a(n)


A) calendar year.
B) accounting period.
C) fiscal period.
D) accounting cycle.

Correct Answer:

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