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    Fundamental Accounting Principles Study Set 7
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    Exam 3: Adjusting Accounts for Financial Statements
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    The 12-Month Period That Ends When a Company's Activities Are
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The 12-Month Period That Ends When a Company's Activities Are

Question 10

Question 10

Multiple Choice

The 12-month period that ends when a company's activities are at their lowest point iscalled the:


A) Natural business year.
B) Calendar year.
C) Fiscal year.
D) Accounting period.
E) Interim period.

Correct Answer:

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