Setting Up a Fiscal Calendar

1.

Choose the correct answer.

24

52

12

365

2.

Choose the correct answer.

Select the Remove button and input the fiscal year details.

Select an existing fiscal year and duplicate it.

Select the New button and enter the fiscal year name, start date, and end date.

Deactivate an older fiscal year to make space for the new one.

3.

Choose the correct answer.

To ensure that all expenses can be entered and tracked for the specified period.

To keep the list of available fiscal calendars up to date and ensure old fiscal years cannot be re-activated.

To automatically calculate tax for the fiscal year.

To make sure old fiscal years can be re-activated.

Knowledge quiz