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Why do companies base their fiscal year on a natural business cycle? a . It provides greater tax advantages. b . It's the time of
Why do companies base their fiscal year on a natural business cycle?
a It provides greater tax advantages.
b It's the time of highest sales volume, and thus provides greater advantage to investors.
c Accountants want to close their books at the end of the year.
d It's at the low point in the operating ccle and provides time to analyze operations and prepare financial statements.
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