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What defines a fiscal year for a business? Multiple choice question. It is any period which consists of 4 8 consecutive weeks. It is any

What defines a fiscal year for a business?

Multiple choice question.

It is any period which consists of

48

consecutive weeks.

It is any period which consists of

12

consecutive months.

It is a

12 -

month period always ending on December

31 .

It is a year in which financial statements are audited.

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