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Fiscal year: Quiz


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More interesting facts on Fiscal year

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Question 1: In the ________, the fiscal year starts on July 1 and concludes on June 30.

Question 2: Many universities have a fiscal year which ends during the summer, both to align the fiscal year with the ________, and because the school is normally less busy during the summer months.
Academic termHungaryJapanDenmark

Question 3: In ________,[5] Hong Kong,[6] India,[7][8] and Japan,[9] the government's financial year runs from April 1 to March 31.
United StatesBarbadosCanadaUnited Kingdom

Question 4: A fiscal year (or financial year, or sometimes budget year) is a period used for calculating annual ("yearly") financial statements in ________ and other organizations.
Companies lawBusinessCorporationCorporate law

Question 5: and ________), with consolidating entries to adjust for transactions between units with different fiscal years, so the same resources will not be counted more than once or not at all.
United KingdomCambodiaCanadaJapan

Question 6: Major corporations that adopt this approach include ________[1] and Tesco.
DellCisco SystemsMicrosoftIntel Corporation


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