An annual reporting period consisting of any twelve consecutive months is known as Fiscal year.
The government and enterprises utilize a fiscal year (FY), usually referred to as a budget year, as the time frame for accounting to create annual financial accounts and reports. A fiscal year may not end on December 31 and is made up of 12 months or 52 weeks.
Government accounting, which differs between nations, and budgeting employ a fiscal year. Additionally, it is employed by companies and other organizations for financial reporting.
Companies and workplace groups use a fiscal year, which is a 12-month period, to submit, review, and communicate their financial accounts, budgets, and objectives. This period of time need not follow the conventional January to December calendar year pattern. Every company has a unique nature when it comes to generating revenue and succeeding.
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Increases in health care costs on the health of individuals in society.
Answer:Sub-Saharan Africa and the middle East-North Africa region.
Explanation: Over the past two decades their have been lot of social unrest in the middle East, Sub-Saharan Africa and North African chiefly due to activities of Religious extremists and rebel groups, For instance, in Nigeria (which is in Africa) there have been activities of Boko haram terrorist group which have displaced a lot of people living in the affected states and causing death and injury of many. Also, Syria suffered unrest due to activities of rebellious groups. All these activities and more puts these region at a very high risk of social unrest .
Finance is the functional area of business that is responsible for finding the best sources of funds and the best ways to use them. So the correct option is (d).
What is a Functional area?
Functional area describes a way of segmenting an organization into distinct parts, each of which will act as a fully functional unit carrying out the specified functions. This means that a segmented unit like this accomplishes a specific organizational goal that can be distinguished from the role of other segments. The human resource department, a division within the organization that is divided from other functional areas by the particular obligations that are distinctive to just the human resource department, is an example of such a division within an organization.
Therefore correct answer is (d).
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