What is the difference between a fiscal year and a calendar year? Why do companies use a

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What is the difference between a fiscal year and a calendar year? Why do companies use a fiscal year that differs from a calendar year?

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Introduction to Financial Accounting

ISBN: 978-0133251036

11th edition

Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick

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Question Posted: Feb 20, 2015 08:29 AM

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What is the difference between a fiscal year and a calendar year? Why do companies use a

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A fiscal year is the year used for financia...View the full answer

Introduction to Financial Accounting

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