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At the end of the fiscal year


The fiscal year selected by companies which one is correct is the same as the calendar year or begins with the first day of the month and ends on the last day of the twelfth month?

For 65% or so of the companies, the fiscal year is the same as the calendar year, though some end the year on a specific day of the week closest to the end of the calendar year.


The 12-month period that ends when a company's activities are at their lowest point is called?

A Fiscal Year is any consecutive 12-month period that a business chooses. Usually, the fiscal year end date is the low point in business activity for the year


The 12-month period that ends when a company's activities are at their lowest point is called the?

A Fiscal Year is any consecutive 12-month period that a business chooses. Usually, the fiscal year end date is the low point in business activity for the year


What do you mean by fiscal period?

Time period relating to finance or finances. Fiscal year end = the end of an accounting year/cycle. Your first fiscal year could be only 3 months as at March 31, 2010 (you start your business on Jan 1st to Mar 31st) and then thereafter your Fiscal Year End is March 31st. Fiscal period could be financial reporting for only one month. It needs to be defined by the user in a financial report of some kind.


The unexpired insurance at the end of the fiscal period represents?

Unexpired insurance at the end of fiscal year is that amount of insurance paid in advance but part of which is not consumed during fiscal year.


New york fiscal year end?

If you mean New York State, the start of the fiscal year is April 1st, and the end is March 31st of the following year. If you mean New York City, the start of the fiscal year is July 1st, and the end is June 30th of the following year.


When does the federal govt fiscal year begin and end?

The federal government's fiscal year begins on October 1 and ends on September 30 of the following year. This cycle allows the government to plan and allocate funds for various programs and services over a 12-month period. Each fiscal year is designated by the year in which it ends, so the fiscal year 2024, for example, runs from October 1, 2023, to September 30, 2024.


Why might a department store select a fiscal year ending January 31 rather than Fiscal year ending December 31?

In the United States, a business can have a fiscal year ending any date of the calendar year. Almost all use the end of a month, which simplifies accounting. For a department store, they might want to let the entire Christmas shopping season (including post-Christmas returns) be all on one fiscal year. They also might want to have plenty of time to finish post-holiday inventories before tackling the end-of-fiscal-year accounting.


When does the fiscal year end for PepsiCo?

PepsiCo's fiscal year ends on the last Saturday of December. This means that their fiscal year typically concludes in late December, often aligning with the end of the calendar year but varying slightly each year due to the Saturday cutoff.


What month is the end of the financial year in Spain?

In Spain, the financial year typically ends on December 31st, aligning with the calendar year. This concludes the fiscal period for both individuals and businesses, after which financial statements and tax returns are prepared. However, some companies may choose a different fiscal year end based on their specific accounting needs.


When does the fiscal year end for Target?

The Fiscal Year runs from February to January for Target. It ends on the Saturday closest to January 31st. For example, this year will end January 30th, 2010