a 12 month period selected for financial purposes is called a_____year.

Quesiton : a 12 month period selected for financial purposes is called a_____year.

Answer: fiscal

a 12 month period selected for financial purposes is called a_____year. A twelve month period selected for financial purposes is called a(n)_____year. fiscal Each prescription for a controlled substance requires the physician's signature and a(n)____________registration number. A twelve month period that begins with the same pre-determined date each year and is selected for financial purposes is called fiscal year Handwritten and typewritten messages or any other business mail which weighs up to 11 ounces is called An accounting period in bookkeeping is the period with reference to which accounting books of any entity are prepared. It is the period for which books are balanced and the financial statements are prepared. Generally the accounting period consists of 12 months. However the beginning of the accounting period differs according to the … A fiscal year (FY) is a period that a company or government uses for accounting purposes and preparing financial statements. A fiscal year may not be the same as a calendar year and for tax purposes the Internal Revenue Service (IRS) allows companies to be either calendar-year taxpayers or fiscal-year taxpayers. As the financial year is the year which is previous to the assessment year the financial year is sometimes also called Previous Year for Income Tax purposes . Examples of Assessment Year. ... In India the 12 month financial year period starts from 1 st April and ends on 31 st March. However this is not the case with all the countries and … Normally accounting period is of one year duration. For example account of Banley Electrical Sdn. Bhd. are prepared for a one-year period starting from January 1 until December 31. The third concept using by Banley Electrical Sdn. Bhd. is … A period of time that is comprised of 12 consecutive months. A year is a 12-month period whose start date can vary. For individual taxation purposes (for annual federal income tax returns for example) "year" typically refers to the calendar year that begins on January 1 and ends on December 31. A fiscal year is any 52-week period used consistently by an organization for the purposes of financial reporting and policy setting. It may or may not correspond with the typical calendar year of ...