Click in the boxed areas to the right of each item below. A pick list will launch. Click on the pick list icon to reveal a drop$-$down menu of choices.

Select the correct choice to turn the boxed area green.

What do we call if a business activity can be divided into intervals?

If a business operating period ends on December $31$st$,$ then it is$?$

in$...$ method of accounting, we realize $..........$ when it accrues.

An accounting period that is not starting on January $1$st is$?$

In order to recognize net Income, we subtract...from revenue.