Register
PLEASE I CAN'T FAIL AGAIN What is one reason a business may not begin their financial year on January 1? A. cold weather C. tradition B. GAAP D. holiday shopping
181k views
0 votes
PLEASE I CAN'T FAIL AGAIN What is one reason a business may not begin their financial year on January 1?

A. cold weather
C. tradition
B. GAAP
D. holiday shopping

User Gfkri
by
2.9k points

1 Answer

0 votes

Answer:

Holiday Shopping

Step-by-step explanation:

Many companies use different fiscal years than the traditional calendar year because it allows them to better represent their revenue and expenses.

Examples are retail stores because of the spike of Christmas shopping.

User David Tchepak
by
3.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.6m questions

4.5m answers

Other Questions

How can expansionary​ expenditure-based fiscal policy lead to crowding out in the​ economy? A. ​Expenditure-based fiscal policy increases the national​ debt, inducing​ forward-looking households and firms
Stevenson Company purchased equipment for $250,000 on January 1, 2010. The estimated salvage value is $50,000, and the estimated useful life is 5 years. The straight-line method is used for depreciation.
In order to attract younger customers to the Lacoste brand of clothing, CEO Robert Siegel made all of the major decisions in product planning, distribution, and promotion. He asked for no input from his
Andrew doesn’t want to spend a lot of money on student loans, and does not qualify for grants. what is his best option for affording a bachelors degree
At first Rohan thought it was a good idea to offer a car repair pick-up service at his auto repair shop, but then he realized that most customers called Tow-It-Now Inc. and it would be difficult to match
Link Copied!