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lianna [129]
3 years ago
8

Explain what the term fiscal year means, why it is used, and how it differs from a calendar year in terms of financial recordkee

ping. (Source for answer: Internet)
History
2 answers:
Dennis_Churaev [7]3 years ago
6 0

Taking into account the statement above: "Explain what the term fiscal year means, why it is used, and how it differs from a calendar year in terms of financial recordkeeping."

The answer is: A fiscal year is a term that is used in finance and many firms use a different 12-month cycle than ours, since the Internal Revenue Service gives tax-paying businesses such an option. The differences between a fiscal and a calendar year is regarding to an account that can therefore result in accounting mistakes.

Hope this helps.

VMariaS [17]3 years ago
5 0

Answer:

The answer is A

Explanation:

:) ur welcom

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