Choose from the following list of terms and phrases to best complete the statements below 1. Financial reports covering a one-year period are known as 2 is the type of accounting that records revenues when cash is received and records expenses when canh is pard 3. An) consists of any 12 consecutive months 4 report on activities within the annual period such as con three or six months of activity 5 prosumos that an organization's activities can be divided into specific time periods NI Cash basis accountin Annual financial stab Fiscal year Interim financial stat Time period assump