The term accounting period is used to refer to the
FINANCIAL
JAMB 2020
The term accounting period is used to refer to the
- A. time span, usually one year covered by the financial statement
- B. period within which debtors are expected to settle accounts
- C. time, span during which taxes are paid to the inland revenue board
- D. budget period, usually one year relied on by the accountant
Correct Answer: A. time span, usually one year covered by the financial statement
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