Choose from the following list of terms and phrases to best complete the statements below

0.41 Choose from the fOlloWing list ofteims an4 phrases to best complete the statements below.. presumes that an organization's activities can be divided into specific time periods. 2. Financial covering a onoyoar period are known as Consists Of any 12 Consecutive months. records revenues when services are provided and records expenses when incurred. 5. The value Ot information is often linked to its Accrual basis ac Annual financia: Cash basis accc Fiscal year