Multiple choice technology packaged enterprise solutions

________is used to define an accounting year

  1. A. Currency

  2. B. Calendar

  3. C. Chart of accounts

  4. D. None of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Calendar is correct because in Oracle General Ledger and most accounting systems, the calendar defines fiscal periods, accounting year start/end dates, and adjustment periods. Currency is for monetary units. Chart of accounts identifies accounts, not time periods.

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