Select the One Term That Best Fits Each Definition

Multiple Choice

Select the one term that best fits each definition.
-The length of time for which a business summarizes financial information and reports its financial performance.

A) accrual basis of accounting
B) adjusting entries
C) adjustments
D) balance sheet
E) cash basis of accounting
F) fiscal period
G) fiscal year
H) income statement
I) net income
J) net loss
K) prepaid expense
L) trial balance
M) work sheet