23. A calendar year accounting period is: Any 12 months beginning on the first day of a month and ending on the last day of the month before that date in the next year The 12-month period from January 1 to December 31 Any 52-53 week period selected None of these

23. A calendar year accounting period is: Any 12 months beginning on the first day of a month and ending on the last day of the month before that date in the next year The 12-month period from January 1 to December 31 Any 52-53 week period selected None of these

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

23. A calendar year accounting period is:
Any 12 months beginning on the first day of a month and ending on the last day
of the month before that date in the next year
The 12-month period from January 1 to December 31
Any 52-53 week period selected
None of these

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