调整分录和报表习题精选无答案..docVIP

1.?A companys fiscal year must correspond with the calendar year.? 2.?The time period principle assumes that an organizations activities can be divided into specific time periods.? 3.?Interim statements report a companys business activities for a 1-year period.? 4.?A fiscal year refers to an organizations accounting period that spans twelve consecutive months or 52 weeks.? 5.?Adjusting entries are made after the preparation of financial statements.? 6.?Adjusting entries result in a better matching of revenues and expenses for the period.? 7.?Two main accounting principles used in accrual accou