A fiscal year is a 12-month accounting period that begins on January 1 and ends on December 31
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: A calendar year is a 12-month accounting period that begins on January 1 and ends on December 31. A fiscal year can be any 12 consecutive months used as an accounting period.
Business
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Consumerism is a term that describes a society in which people define their identities by acquiring and displaying material goods beyond what they need for subsistence.
a. true b. false
Business
The areas described in the text as the most dominant in the global economy include:
A. North America, Western Europe and Asia B. North America, Mexico and Asia C. North America, South America and Western Europe D. North America, Asia and Africa E. Western Europe, Asia and Africa
Business