a fiscal period.

[English Learner]

Business English Lesson, Advanced Level

ESL/EFL Test #108 "Payroll policy in the USA", question 10

Books are all closed at the end of an accounting period. A more common term for an accounting period is a ......... period.

(a) physical
(b) fiscal
(c) focal
(d) foreclosed

Business English Lesson, Advanced Level

ESL/EFL Test #108 "Payroll policy in the USA", answer 10

Books are all closed at the end of an accounting period. A more common term for an accounting period is a fiscal period.

Correct answer: (b) fiscal
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