Account Manager Assistant Question:
Download Job Interview Questions and Answers PDF
Explain accounting period?
Answer:
An accounting period is a period of time such as the 12 months of January 1 through December 31, or the month of June, or the three months of July 1 through September 30. It is the period for which financial statements are prepared. For example, the income statement and the cash flow statement report the amounts occurring during the accounting period, and the balance sheet reports the amounts of assets and liabilties as of the final moment of the accounting period.
Download Assistant Account Manager Interview Questions And Answers
PDF
Previous Question | Next Question |
Described gross profit? | Define income statement? |