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Life Skills

9th -

12thgrade

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Accounting Chapter 4 Objectives 1 & 2

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11 questions

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  • 1. Multiple Choice
    30 seconds
    1 pt

    Which of the following refers to any period of time covering a complete accounting cycle?

    A time cycle

    A fiscal period

    A journal period

    A marching cycle

  • 2. Multiple Choice
    30 seconds
    1 pt

    Which of the following would be considered a fiscal year?

    April 1, 20-- to March 31, 20--

    January 1, 20-- to March 31, 20--

    October 1, 20-- to May 31, 20--

    None of the above

  • 3. Multiple Choice
    30 seconds
    1 pt

    True or false: A fiscal year must begin on January 1.

    True

    False

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