Question

in general the financial year from shall be from
A.1st April of any year
B.31st March of any year
C.All of them are true
D.None of these

Answer 1

hiii dear

ur answer

all of them are true

Answer 2

In general, the financial year starts on 1st of April.

A financial year is a period of twelve months, used by the government, businesses, and other organizations in order to calculate their budgets, profits, and losses. The financial year is often used in business to compare with the calendar year.

The financial year starts on the 1st of April of every year and ends on 31 March of the next calendar year. The business prepares its financial statement for each financial year.

Some business organisations also follow the period of 18 months as the financial year.

Option (A) is the correct answer because it is the first day of the financial year.

Option (B) is not the correct answer because it is the last day of the financial year.

Hence, options (B), (C), and (D) are not correct.

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