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  3. Study Set
    Fundamental Accounting Principles Study Set 6
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    Exam 3: Adjusting Accounts and Preparing Financial Statements
  5. Question
    The Length of Time Covered by a Set of Periodic
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The Length of Time Covered by a Set of Periodic

Question 5

Question 5

Multiple Choice

The length of time covered by a set of periodic financial statements,primarily a year for most companies,is referred to as the:


A) Fiscal cycle.
B) Natural business year.
C) Accounting period.
D) Business cycle.
E) Operating cycle.

Correct Answer:

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