Business Studies, asked by ronychakraborty7741, 10 months ago

Problems financial year does not start with calendar year

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Answered by Anonymous
3

<marquee>☺️ HeYa ☺️</marquee>

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★ A calendar year is always January 1 to December 31. A fiscal year, by contrast, can start and end at any point during the year, as long as it comprises a full twelve months. A company that starts its fiscal year on January 1 and ends it on December 31 operates on a calendar year basis.

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